Broadcom CEO Hock Tan talks up VMware at event in Spain – reports

Broadcom CEO Hock Tan talks up VMware at event in Spain – reports

Sundry Photography/iStock Editorial via Getty Images Broadcom (NASDAQ:AVGO) CEO Hock Tan briefly discussed his plans to increase R&D at VMware (NYSE:VMW) once the more than $61 billion acquisition is completed. Tan was speaking at a VMware event in Barcelona and was discussing what he will do post Broadcom’s (AVGO) acquisition of the company, according to … Read more

Broadcom CEO Hock Tan believes VMware delay bureaucratic, not political – report

Broadcom CEO Hock Tan believes VMware delay bureaucratic, not political – report

Sundry Photography/iStock Editorial via Getty Images Broadcom (AVGO) CEO Hock Tan believes the delay in the closure of its $69 billion purchase of VMware (NYSE:VMW) is due to bureaucratic reasons, not political issues. VMware (VMW) fell 1.6%, while Broadcom rose 1.3%. “Mr. Tan does believe it’s bureaucratic and not political,” CNBC’s David Faber said on … Read more