Chipmaker Broadcom to buy VMware in US$61 billion deal

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Diversifying into enterprise software.

Chipmaker Broadcom to buy VMware in US$61 billion deal
Broadcom said on Thursday it will acquire cloud computing company VMware in a US$61 billion (A$86 billion) cash-and stock deal, the chipmaker's biggest and boldest bid to diversify its business into enterprise software. The acquisition is the second biggest announced globally so far this ...

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