Broadcom Officially Announced The Acquisition Of VMware: A Combination Of Two Software And Hardware Giants

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On the evening of May 26, Broadcom, a wireless communications giant, announced today that it had reached an agreement with VMware to invest US $61 billion (about 410.2 billion yuan) to acquire VMware, a major manufacturer of cloud services and virtual machines. In addition, Broadcom will also bear VMware's debt of $8 billion. After the completion of the transaction, the software department of Broadcom will be renamed VMware and continue to operate. The latter will integrate Broadcom's existing infrastructure and security software solutions.

Broadcom said that the acquisition will provide better infrastructure, distributed computing and other solutions for customers in the enterprise market.

The chairman of the board of directors of the first and second largest shareholders of VMware is Tan del, who holds 40% of the shares( http://www.anrdoezrs.net/links/9019719/type/dlg/sid//https://www.dell.com/zh -Cn / shop / deals) (Michael Dell, founder of Dell.

It is reported that Broadcom plans to complete the transaction in the form of cash and shares, which is expected to be completed within 2023 fiscal year. At present, Broadcom has obtained US $32 billion from the Bank Consortium.

It is worth mentioning that on the same day, Broadcom announced the second quarter financial report of fiscal year 2022 as of May 1, with a year-on-year increase of 23% to US $8.103 billion and GAA net profit of US $2.59 billion.

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