Broadcom Inc

Singtel and Broadcom Partner to Bring Seamless Connectivity and Edge Computing to Mission-Critical Applications

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Singtel and Broadcom Partner to Bring Seamless Connectivity and Edge Computing to Mission-Critical Applications

BARCELONA, Spain, Feb. 27, 2024 (GLOBE NEWSWIRE) — Mobile World Congress 2024 — Singtel and VMware, recently acquired by Broadcom Inc., are partnering to enable enterprises to seamlessly manage their connectivity and cloud infrastructure through Singtel Paragon, the industry’s first all-in-one orchestration platform for 5G and edge cloud. The ultra-low latency, high reliability and network slicing … Read more

VMware Telco Cloud Service Assurance Provides DISH Wireless with Detailed Network Insights and Automation

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VMware Telco Cloud Service Assurance Provides DISH Wireless with Detailed Network Insights and Automation

BARCELONA, Spain, Feb. 27, 2024 (GLOBE NEWSWIRE) — Mobile World Congress 2024 — VMware, recently acquired by Broadcom Inc., today announced that DISH Wireless has deployed VMware Telco Cloud Service Assurance across the Boost Wireless Network in a pilot production environment to deliver real-time network monitoring, assurance and automation, providing a superior 5G network and subscriber … Read more

Broadcom reportedly nears $3.8 billion sale of remote access unit to KKR

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Broadcom reportedly nears .8 billion sale of remote access unit to KKR

A sign on the campus offices of chipmaker Broadcom is shown in Irvine, California. Mike Blake | Reuters Chipmaker Broadcom is nearing a $3.8 billion deal to sell its business that allows users to access desktops and applications from any device to private-equity firm KKR, people familiar with the matter said on Saturday. The potential … Read more

Broadcom Named a Leader in Unified Endpoint Management by Global Analyst Firm

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Broadcom Named a Leader in Unified Endpoint Management by Global Analyst Firm

PALO ALTO, Calif., Jan. 17, 2024 (GLOBE NEWSWIRE) — Broadcom End-User Computing Division today announced that global market research firm Forrester has named its offering (formerly of VMware) a leader in The Forrester Wave™: Unified Endpoint Management, Q4 2023. Workspace ONE was named a leader when evaluated among nine unified endpoint management (UEM) vendors. According … Read more

Broadcom now ranks among 10 largest U.S. companies after big 2023 stock gains

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Broadcom now ranks among 10 largest U.S. companies after big 2023 stock gains

Nvidia Corp. has catapulted up the list of the most valuable U.S. companies this year, rising eight spots from the end of last year to sit in the fifth position with a market capitalization of $1.2 trillion. But other chip companies have seen their positions rise even more. Just look at Broadcom Inc. AVGO, +0.59%, … Read more

Broadcom stock spikes to new yearlong high

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Broadcom stock spikes to new yearlong high

Hock Tan, CEO of Broadcom. Martin H. Simon | Bloomberg | Getty Images Broadcom shares jumped 9% Monday after Citigroup resumed its coverage of the stock with a buy rating and updated its price target to $1,100. Shares closed at $1,029.24, its highest price in a year. Citigroup said it resumed its coverage of the … Read more

Broadcom’s VMware deal may be in doubt, but its soaring stock will be just fine

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Broadcom’s VMware deal may be in doubt, but its soaring stock will be just fine

As Broadcom Inc. and VMware Inc. get closer to their new merger deadline of Nov. 26, some investors are nervous that the deal will not get done, with a $1.5 billion termination fee hanging over the chip maker. China is reportedly the cause for the current hold-up for the deal, which was supposed to close … Read more

Why the case for owning Broadcom is compelling with or without its $61 billion takeover of VMWare

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Why the case for owning Broadcom is compelling with or without its billion takeover of VMWare

Club holding Broadcom ‘s (AVGO) investment prospects look bright – with or without cloud software maker VMWare (VMW) under its corporate roof. For now, though, the companies remain apart after Broadcom’s planned $61 billion takeover of VMWare did not close Monday, as previously scheduled. The hold-up is Chinese antitrust regulators, who have yet to bless … Read more

VMware’s stock plunges 10% on report that Chinese regulators could block Broadcom deal

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VMware’s stock plunges 10% on report that Chinese regulators could block Broadcom deal

Shares of VMware Inc. VMW, -10.14% slumped 10% Thursday following a news report that the Chinese government could block Broadcom Inc.’s AVGO, -0.83% planned $69 billion acquisition of VMware. Chinese regulators are considering whether to delay approval of the megadeal, according to a report in The Financial Times Thursday. Opposition is considered a response to … Read more

Broadcom and VMware Announce Election Deadline for VMware Stockholders to Elect Merger Consideration

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SAN JOSE, Calif. and PALO ALTO, Calif., Oct. 18, 2023 /PRNewswire/ — Broadcom Inc. (NASDAQ: AVGO) and VMware, Inc. (NYSE: VMW) today announced that the deadline for VMware stockholders of record to elect the form of merger consideration they wish to receive in connection with Broadcom’s acquisition of VMware (the “Transaction”) is 5:00 p.m. Eastern Time … Read more