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.
President Trump has appointed Adam Telle, assistant Army secretary for civil works, as acting Army secretary.
From fake USS Abraham Lincoln strike videos to AI F-35 photos, U.S. adversaries are deploying deepfakes to undermine national security.
ITC Federal has acquired Apriva ISS to expand classified communications support for federal defense and law enforcement agencies.
Mallory Cawlfield brings leadership experience from CACI, Applied Insight, Zavda Technologies and the U.S. Navy to her new role.
Mehall was senior vice president of operations at CACI, VP of operations at Chenega and VP of USIS.
Northrop Grumman has received a potential $863 million Army IDIQ contract to produce M1156 precision guidance kits.
Valiant will provide flight and classroom instruction for naval aviators, flight officers and aircrew at four Atlantic Fleet locations.
The measure extends the Technology Modernization Fund and cybersecurity information-sharing authorities to Dec. 11.
The award under the Information Analysis Center vehicle covers electronic warfare, expeditionary warfare and defensive cyber work.
Xpect Solutions has acquired Amivero to broaden its AI, cyber and digital modernization capabilities for national security agencies.
MTSI has won a spot on DIA's COMET contract to help MSIC deliver foundational military intelligence on foreign weapon systems.
Knausenberger is a Wash100 award winner and was chief information officer of the Department of the Air Force.
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