China may yet throw a spanner in the works of Broadcom’s imminent takeover of virtualization supremo VMware as payback for the latest in line of export restrictions imposed on it by Washington. Semiconductor giant Broadcom is all set to close its $69 billion buy of VMware on October 30 after passing some regulatory hurdles, including … Read more
The $61 billion Broadcom-VMware deal might not close on Oct. 30 after all due to new Biden Administration controls on chip exports. Source link
A smartphone with a displayed Broadcom logo is placed on a computer motherboard in this illustration taken March 6, 2023. REUTERS/Dado Ruvic/Illustration/File Photo Acquire Licensing Rights Oct 19 (Reuters) – Beijing is weighing holding up US chipmaker Broadcom Inc’s (AVGO.O) $69 billion purchase of cloud computing company VMware Inc (VMW.N), the Financial Times reported on … Read more
© Reuters. Shares of Broadcom (NASDAQ:) and VMware (NYSE:NYSE:) experienced a decline on Tuesday amid growing speculation that their proposed $61 billion merger could face obstacles from Chinese regulators. This news follows the U.S’s stricter technology export restrictions on computer chips processing artificial intelligence software, which also contributed to a drop in Nvidia’s (NASDAQ:) stock. … Read more
© Reuters. Shares of VMware (NYSE:) fell 7% to $166.34 on Tuesday, amid rising U.S.-China trade tensions and fears that China may retaliate against the U.S.’s tightened semiconductor sales restrictions by blocking Broadcom (NASDAQ:)’s impending $61 billion acquisition of VMware. The U.S.-China trade tensions have cast a shadow over the semiconductor industry, affecting stocks including … Read more
As the $61 billion Broadcom-VMware deal nears its anticipated close, approval from regulators in China appears imminent. Source link
September featured big M&A deals to impact the channel. Cisco-Splunk is the largest, but we have Broadcom-VMware updates and a SAP buy. Source link
HPE sounded off on Dell. Cisco announced a huge acquisition. Broadcom’s VMware deal is scrutinized. What was No. 1 in September top stories? Source link
We’re starting our latest cloud computing news roundup with the juiciest update: a look at the progress on the Broadcom-VMware pairing. Source link
© Reuters. In the upcoming $75 billion merger between Broadcom (NASDAQ:) and VMware (NYSE:), set to close on October 30, an equity option has emerged as a potentially lucrative opportunity for VMware investors. The merger is part of a wider trend in the technology sector, with major companies seeking to consolidate their positions through strategic … Read more