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Jay Chaudry, the President and CEO of cybersecurity company Zscaler, has refuted rumors of an acquisition bid from Broadcom. In a statement posted on LinkedIn, Chaudry made it clear that neither he nor the Zscaler board of directors have sought or accepted any offer to acquire the company. This comes in response to speculation that … Read more
Does not want an open relationship any more The tech distributor has ditched its deal to sell VMware products after Broadcom snapped up the software firm. The deal was done in November 2021, on the same day Dell and VMware split up when the grey tin box shifter decided to clear some debt by spinning … Read more
“There is a lot of anxiety about the Broadcom-VMware acquisition around pricing, support and other issues” , and The Stack November 21, 2023 . 5:17 PM 2 min read Share on Twitter Share on Facebook Share on Pinterest Share on LinkedIn
By Rob Curran Shares of VMWare slid premarket after the Financial Times reported that authorities in China were holding up chipmaker Broadcom’s multibillion dollar buyout of the maker of virtualization software in the latest salvo of the U.S.-China tech battle. The State Administration of Market Regulation in Beijing is delaying approval of the merger deal … Read more
In a regulatory tussle that started last year, Broadcom (NASDAQ:AVGO) now expects its planned acquisition of VMware (NYSE:VMW) to receive conditional approval from Chinese regulators. Both Broadcom and VMware are trading higher in Thursday’s session. Talks about the acquisition deal, valued at $60 billion, started in May of last year. Since then, Broadcom has sought … Read more
Here is your Pro Recap of the biggest analyst cuts you may have missed since yesterday: downgrades at VMware, Celanese, Upwork, and Farfetch. InvestingPro subscribers got this news first. Never miss another market-moving headline. VMware cut to Neutral as Broadcom takeout wraps up Monness, Crespi, Hardt downgraded VMware (NYSE:) to Neutral from Buy ahead of … Read more
Here is your Pro Recap of the biggest analyst cuts you may have missed since yesterday: downgrades at VMware, Celanese, Upwork, and Farfetch. InvestingPro subscribers got this news first. Never miss another market-moving headline. VMware cut to Neutral as Broadcom takeout wraps up Monness, Crespi, Hardt downgraded VMware (NYSE:) to Neutral from Buy ahead of … Read more