Last month, Broadcom announced their intentions to acquire VMWare in a deal worth USD 61 billion – one of the biggest acquisitions in the tech world.
Broadcom has been actively looking to diversify away from their core business of chip manufacturing into enterprise software. Their previous acquisitions – CA Technologies for USD 18.9 billion in 2018, followed by Symantec for USD 10.7 billion the next year – have already indicated that. The VMware acquisition is the biggest – and arguably very different from the others.
Ecosystm Analysts, Alan Hesketh, Darian Bird, Niloy Mukherjee and Tim Sheedy comment on the implications for the companies and the market.
Download Ecosystm Snapshot: Broadcom’s Acquisition of VMware as a PDF