Semiconductor company Broadcom (Nasdaq: AVGO) is in discussions to acquire VMware (NYSE: VMW) through a cash-and-stock transaction, The Wall Street Journal reported Sunday.
News of a potential deal comes as Broadcom, which has a market value of $222 billion, seeks to expand its footprint in the corporate software market.
In July 2021, reports emerged that Broadcom was in talks to buy SAS Institute but negotiations ended after the software company’s founders changed their minds over a potential sale.
In November 2021, Dell Technologies (NYSE: DELL) finished spinning off 81 percent of its equity ownership interest in VMware as part of efforts to establish two independent companies that will continue to co-develop critical platforms under a commercial agreement.
VMware, which has a strong presence in the hybrid cloud market, has a market valuation of $40 billion.
The NASA logistics agreements run through GSA's OASIS+ vehicle, with a five-year base ordering period open through Sept. 30, 2031.
Adolf spent nearly six years in director roles at Serco and more than eight years at SRA International.
SAP NS2 has secured a seven-year, $903 million sole-source IDIQ contract from the Defense Logistics Agency for cloud services.
NIH and China's science ministry have barred applications substantially developed by AI, while European funders require disclosure.
Leidos has named AT&T COO Jeff McElfresh to its board of directors, which has expanded to 11 members with his…
The modernization work covers test planning, data analysis and integration engineering for aircraft and C4ISR systems.
FEMA seeks a new system for workforce readiness, deployment monitoring, incident management and system administration.
War Secretary Pete Hegseth has unveiled Project Meridian, the Autonomous Warfare Command and four other DOW initiatives at Quantico.
The Coast Guard's Force Design 2028 execution is accelerating, with organizational changes completed and major contracts awarded.
TTM financed the Epiq purchase with a $300M Term Loan A and an $800M Term Loan B.
The Navy has awarded Booz Allen, CACI and five other companies spots on a potential $828 million IDIQ for business…
Masood Ahmed joins Peraton after about a decade at Leidos, where he most recently oversaw a federal health and civilian…
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