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 award follows ICE's August withdrawal of a plan to give the same work to TRSS without competition after industry…
Before joining Aethon Security, Ricupero spent four years as an IT business analyst at DTS, focused on cybersecurity and projects.
SpaceX has secured a $946 million CCtCap contract modification from NASA for three additional crew missions to the space station.
Kristin St. Peter served as deputy general counsel and chief privacy officer, while Debra Emmons was VP and chief technology…
The base requirement covers four aircraft for the Coast Guard and CBP, with a solicitation estimated for July 2027.
OSINT has become essential for fighting counterespionage as data from platforms like social media make it hard to create cover…
Jeff Keen held multiple leadership roles during his five years at Applied Insight and more than 12 years at Axiom…
Empower AI received a task order with a $36.9 million face value, running through June 2027.
TechnoMile has named Anupriyo Chakravarti chief product and technology officer to lead its product, tech and engineering teams.
WWT has received a potential $500 million USPS contract to provide telecommunications hardware, software and network support.
CBP forecasts a need for maritime surveillance systems that include search radar, EO/IR cameras and AIS receivers.
The in-space mobility company holds a position on the Space Force's NSSL Phase 3 Lane 1 contract.
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