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Reading: Broadcom to Buy VMware for $61 Billion
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The Wall Street Publication > Blog > Tech > Broadcom to Buy VMware for $61 Billion
Tech

Broadcom to Buy VMware for $61 Billion

Editorial Board Published May 26, 2022
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Broadcom to Buy VMware for  Billion
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Broadcom Chief Executive Hock Tan’s $61 billion deal to buy VMware marks the biggest bet yet that the boom in enterprise software demand will endure despite the economic tumult—and that bundling disparate offerings of low-profile products can yield outsize returns.

Mr. Tan built Broadcom into a microchip powerhouse by acquiring makers of a host of unsexy-but-essential components, then cutting costs and leveraging the company’s growing pricing power. He is now banking that the same model will work in corporate software.

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