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Broadcom to Acquire VMware in $61 Billion Enterprise Computing Deal



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Broadcom, the semiconductor giant, said on Thursday that it had agreed to buy the software company VMware in a transaction valued at $61 billion that would reshuffle the vast market for enterprise computing technology.The deal, which would furnish Broadcom with popular computing tools used by a large swath of corporations, would be the world’s second-biggest proposed acquisition this year, after Microsoft’s $75 billion bid for the video game company Activision Blizzard, according to data from Dealogic.While the combination would make Broadcom a significant player in data-center technology and cloud computing, it is hardly a joining of household names, as is Elon Musk’s high-profile pursuit of Twitter. It is a reminder, however, that tens of billions of dollars are spent every year in mergers among the many companies that make the technologies that power the internet and large corporate computer networks.The deal with Broadcom is …

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