Broadcom news stories

Cloud
Broadcom to acquire VMware for billions in cash and stock
Broadcom is set to acquire VMware for approximately USD$61Billion in cash and stock. Additionally, Broadcom will assume $8 billion of VMware net debt.

Google Cloud
Google Cloud and Broadcom announce strategic partnership
The collaboration aims to accelerate innovation and optimise cloud services integration within Broadcom’s core software franchises.

Symantec
HCL takes over Broadcom’s Symantec security consulting
As part of the partnership, the majority of Broadcom's Symantec enterprise consulting team will transition to HCL.

Cloud
Microsoft and CyberArk lead GlobalData identity management theme
Both companies gained the highest score for the identity management theme in GlobalData’s Thematic Scorecard for the security software sector.

Symantec
Broadcom set to own Symantec’s enterprise security business for $10.7B
"M&A has played a central role in Broadcom's growth strategy and this transaction represents the next logical step in our strategy following our acquisitions of Brocade and CA Technologies," says Broadcom CEO

Semiconductor
Broadcom’s board of directors nab former Google Cloud COO
Broadcom has added some new talent to its ranks with its latest appointment.

Internet
Wi-Fi is getting a new name and numbering system
The Wi-Fi Alliance says it has made the changes so that people can understand what Wi-Fi technology their device supports, and when they’re connecting to older Wi-Fi technology.

CA Technologies
Broadcom buys out CA Technologies for $18.9 billion
Combined, the companies plan to build what they call ‘one of the world's leading infrastructure technology companies’.

Cloud
Qualcomm not convinced by Broadcom’s offer despite $8b safety-net
Qualcomm say regulatory and revenue risks are too high as billion-dollar customers threaten to take business elsewhere.

Storage
Broadcom completes $5.9 Billion acquisition of Brocade
The deal was first announced in November last year but had experienced delays.

Brocade
Broadcom-Brocade deal delay; knock-on effect for Extreme Networks-Brocade deal
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.

Brocade
A brief history: How Broadcom, Brocade & Extreme Networks got together
From these newly acquired assets, Extreme hopes to generate over $230 million in annualised revenue.