Broadcom stories
Broadcom is set to acquire VMware for approximately USD$61Billion in cash and stock. Additionally, Broadcom will assume $8 billion of VMware net debt.
The collaboration aims to accelerate innovation and optimise cloud services integration within Broadcom's core software franchises.
As part of the partnership, the majority of Broadcom's Symantec enterprise consulting team will transition to HCL.
Both companies gained the highest score for the identity management theme in GlobalData's Thematic Scorecard for the security software sector.
Broadcom is set to acquire Symantec's enterprise security business for $10.7 billion, expanding its software offering as an infrastructure technology company.
Broadcom appoints former Google Cloud COO Diane Bryant to its board of directors, leveraging her three-decade IT career to enhance its strategic growth.
The Wi-Fi Alliance introduces a new naming system, renaming current Wi-Fi technology to Wi-Fi 5 and future tech to Wi-Fi 6, making it user-friendly.
Combined, the companies plan to build what they call 'one of the world's leading infrastructure technology companies'.
Qualcomm say regulatory and revenue risks are too high as billion-dollar customers threaten to take business elsewhere.
Broadcom finalises a USD $5.9 billion acquisition of Brocade, bolstering its storage and networking prowess after overcoming delays with CFIUS.
Broadcom's US$5.9b acquisition of Brocade has stalled, with a knock on effect for Extreme's acquisition of Brocade's data centre networking business.
In a bold move, Extreme Networks snaps up Brocade's data centre biz from Broadcom for $55m, bolstering its enterprise solution portfolio.
Aerohive is eyeing up the Ruckus reseller channel as it seeks to expand its own reach and capitalise on new growth markets locally.
Uncertainty clouds VMware's future following its £61bn acquisition by Broadcom, forcing many clients to contemplate alternate measures amidst concerns of staff layoffs and price hikes.
