Broadcom to acquire VMware in US$61 billion deal

Chipmaker Broadcom has announced a deal to acquire cloud computing firm VMware in one of the tech industry’s biggest ever acquisitions. The US$61 billion agreement is the second-largest acquisition of the year following Microsoft’s US$68.7 billion deal for game publisher Activision Blizzard. Broadcom is offering US$142.50 in cash or 0.2520 of a Broadcom share for […]