Broadcom in Talks to Acquire VMware, the Cloud Computing Company

Broadcom, the semiconductor big, is in talks to accumulate VMware, in accordance with an individual acquainted with the matter.

A deal is just not but last, mentioned the particular person on Sunday night time, who was not licensed to publicly talk about it. The phrases of any potential deal weren’t disclosed.

Broadcom has lengthy been extremely acquisitive and its chief govt, Hock E. Tan, is understood for making offers. The chip firm, which was based mostly in Singapore however has moved its headquarters to San Jose, Calif., initially purchased principally different chip corporations. However since its $117 billion deal to purchase the U.S. chip maker Qualcomm was blocked in March 2018 by President Donald J. Trump on nationwide safety issues, Broadcom has diversified its targets. It purchased the software program firm CA Applied sciences for $18.9 billion later that yr and a safety division of Symantec for $10.7 billion in 2019.

VMware, which was spun off from Dell Applied sciences final November, is understood for making virtualization software program, which permits one pc to behave like many machines and basically makes computing extra environment friendly. It has additionally diversified and makes a spread of software program for knowledge facilities.

A spokesman for VMware declined to remark.