Cisco Reportedly Nears Investment in CoreWeave at $23B Valuation Mergers & Acquisitions Article Source https://www.themiddlemarket.com/news-analysis/cisco-reportedly-nears-investment-in-coreweave-at-23b-valuation
Short piece on why those huge mergers you read about, valued at sums of money the size of the GDPs of small to medium sized nations, are almost never a good deal for consumers and end users. Like the $100 billion one that… Source link
In the world of mergers and acquisitions, several major deals have recently taken place. Sophos, a well-known cybersecurity company, has been acquired by private equity firm Thoma Bravo. This move is expected to bolster Sophos’ position in the market and provide opportunities for further growth. Microsoft has also made a significant acquisition, purchasing the security … Read more
Several major mergers and acquisitions have been announced recently within the tech industry. Broadcom, a leading semiconductor company, has made headlines with its acquisition of Nutanix, a cloud computing software company. This deal is expected to strengthen Broadcom’s position in the market and expand its offerings to customers. Another notable deal involves Citrix, a software … Read more
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 Chief Executive Hock Tan isn’t someone who finds blowing money appetizing. But that $40,000 dinner seems to have gone down well. That was the reported cost for Tan to sit at the table of Chinese President Xi Jinping during a dinner at last month’s Asia-Pacific Economic Cooperation conference in San Francisco. It is a … Read more
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
Shares in Broadcom and VMware were rising despite an apparent delay to the closing of their merger agreement, which was set to complete on Monday. China could be a problem—but investors don’t seem too worried. Source link
Shares of technology companies fell after one major deal was jeopardized by U.S.-China tensions, stoking concerns that the tech trade war will hurt the industry. Shares of VMWare plunged after The Financial Times reported Broadcom’s roughly $61 billion deal to buy the maker of virtualization software was held up by Beijing authorities, largely in response … Read more
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