Friday, May 27, 2022

Dell = VMware => Broadcom

Chipmaker Broadcom to buy cloud services firm VMware in $61 billion deal - CNN

Chipmaker Broadcom (AVGO) is buying cloud services provider VMware (VMW) in a cash-and-stock deal valued at $61 billion to speed up its expansion into the enterprise software business.

Software became a substantial part of Broadcom's business after it acquired CA Technologies for $18.9 billion in 2018 and Symantec's security division for $10.7 billion in 2019.


Why?

Because "Broadcom" is not really a chip maker, it is mostly a "brand name" used by technology investors... a successor of HP... 



The company that would later become Broadcom Inc. was established in 1961 as a semiconductor products division of Hewlett-Packard.[9] The division separated from Hewlett-Packard as part of Agilent Technologies in 1999
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