Chipmaker Broadcom to buy VMware in $61 bln deal | Reuters

In one fell swoop, the deal will almost triple Broadcom’s software-related revenue to about 45% of its total sales.Broadcom will instantly be validated as a major software player with the acquisition of VMware, Futurum Research analyst Daniel Newman said.

“Having something like VMware … will have a significant number of doors open that their current portfolio probably doesn’t open for them,” Newman added.

Chipmaker Broadcom to buy VMware in $61 bln deal | Reuters
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