Channel Strategy
Broadcom acquires VMware
Just six months after VMware completed its spinoff from former parent Dell Technologies, chip manufacturer Broadcom has confirmed plans to acquire all VMware’s shares for US$61 billion, a premium of around 49% on VMware’s pre-announcement valuation. VMware is one of the most prized assets in the IT industry (although share price has dropped by over 40% in the last 12 months) and the US$61 billion price makes this the largest tech acquisition since Dell bought EMC for US$67 billion in 2016. What are the implications for VMware's go-to-market model?
27 May 2022
