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Broadcom earnings deep dive: AI growth vs. Market expectationsBroadcom posted strong quarterly results with 48% revenue growth driven by AI demand, but its stock fell as investors expected stronger AI ...
Bank of America taps tech dealmaker Richard Hardegree as vice chair of M&A, memo showsBank of America has appointed Richard Hardegree as its new vice chair for mergers and acquisitions. Hardegree, a seasoned banker with over ...
Broadcom taps Alphabet executive Amie Thuener as next CFOUS chip designer Broadcom on Thursday named Alphabet executive Amie Thuener as its next finance chief, effective June 12, when incumbent Ki...
Broadcom hit with EU antitrust complaint and request for interim measureLobbying group Cloud Infrastructure Services Providers in Europe on Thursday urged EU antitrust regulators to temporarily stop Broadcom fro...
Cloud industry group calls for EU interim measure against Broadcom over VMwareA European lobbying group, CISPE, is asking EU antitrust regulators to halt Broadcom's decision to end its VMware Cloud Service Provider pr...
Netflix sues Broadcom's VMware over US virtual machine patentsBroadcom and Netflix have been embroiled in a separate patent dispute since 2018 over Netflix's alleged infringement of Broadcom patents re...
Broadcom sees revenue below estimates on weak enterprise spendingIn fiscal 2024, Broadcom expects revenue of about $50.0 billion including VMware's contribution. Analysts on average were expecting $52.50 ...
Broadcom to lay off 1,300 VMware employees following takeover: reportBroadcom closed its $69 billion acquisition of VMware on November 22 after receiving regulatory approval from China.
Broadcom closes $69 billion VMware deal after China approvalThe deal, one of the biggest globally when announced in May 2022, was the latest in CEO Hock Tan's efforts to boost the chipmaker's softwar...
Beijing weighs delaying approval of $69 billion Broadcom-VMware deal: reportChina's State Administration of Market Regulation has not signed off on the deal and is likely to delay approving the transaction after US ...
Britain clears $61 billion Broadcom-VMware mergerThe Competition and Markets Authority last month gave its provisional approval to the deal announced in May 2022, and said on Monday that "...
Broadcom's $69 billion VMware deal wins provisional UK clearanceBritain's competition regulator provisionally cleared U.S. tech company Broadcom's $69 billion purchase of VMware on Wednesday, saying the ...
EU clears US chipmaker Broadcom's $61 billion VMware takeoverThe massive deal raised fears that it would stifle competition following its announcement in May 2022, prompting probes by antitrust watchd...
EU to green light Broadcom's VMware deal on Wednesday, source saysUS chipmaker Broadcom is set to win conditional EU antitrust approval for its $61 billion proposed acquisition of cloud computing firm VMwa...
Broadcom set to win EU nod for $61 billion VMware deal: reportThe European Commission's clearance is tied to remedies relating to Broadcom's interoperability with rivals that would address competition ...
Broadcom CEO seeks to convince EU on $61 billion VMware dealTan, flanked by his executives and lawyers, arrived early Friday morning in Brussels for a closed hearing on one of the biggest tie-ups in ...
How Broadcom CEO Hock Tan shaped a tech giant through acquisitionsFor Tan, now 70, the deal would be the culmination of a string of acquisitions that has helped him turn Broadcom into a technology conglome...
Chipmaker Broadcom to buy VMware in $61 billion dealThe acquisition is the second biggest announced globally so far this year, after Microsoft Corp's $68.7 billion deal to buy video game make...
Ten things to know about the $61 billion Broadcom-VMware dealAfter Microsoft Corp.'s $68.7 billion takeover of video game producer Activision Blizzard Inc., Broadcom's acquisition of VMware is the sec...
Broadcom in talks to acquire cloud company VMwareThe acquisition would further diversify Broadcom’s business away from semiconductors and into enterprise software, following its $18.9 bill...