Broadcom (AVGO) Reportedly in Advanced Talks to Acquire VMWare (VMW), Analysts Mostly Positive
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 6/22/2026
- S&P 500, Nasdaq close lower, dragged by Alphabet and megacap tech; focus on Iran
- Oil settles down more 3% after US-Iran talks signal easing supply risks
- Micron surges 5.5% on blockbuster Anthropic AI deal ahead of earnings
- Alan Greenspan, influential former Federal Reserve chair, dies at 100
- Buy gold stocks as valuations are cheap amid macro tension: BofA
- CoreWeave trains DeepSeek-V3 in two minutes in MLPerf benchmark
- Needham Starts NeoVolta (NEOV) at Buy
- Spain's ex-transport minister sentenced to 24 years for corruption
- Exclusive-China robot-hand-building unicorn Linkerbot targets $6 billion valuation
- Li Auto Inc. (LI) Breaks Ground on Chips R&D and Production Base
VMware Deal Could Generate Broadcom's (AVGO) Return Targets - BMO Capital
May 23, 2022 1:03 PM EDTBMO Capital analyst Ambrish Srivastava reiterated an Outperform rating and $675.00 price target on Broadcom Limited (NASDAQ: AVGO) following reports it is in talks to acquire VMware in a stock and cash deal.
The analyst commented, "We do not know whether... More
Broadcom's deal history under CEO Hock Tan
May 23, 2022 6:23 AM EDT(Reuters) -Broadcom on Thursday made its biggest and boldest move to diversify its business, with a $61 billion offer for VMware Inc .
Buying VMware would be Broadcom's most ambitious attempt at a deal since its effort to buy Qualcomm for $103 billion failed in 2018.
Below is a timeline of Broadcom's major deals under its Chief Executive Hock Tan:
May 26, 2022
Broadcom agrees to buy cloud computing company VMware in a $61 billion cash-and-stock deal; reveals $32 billion in funding commitments for the deal.
August 2019
Broadcom agrees to buy... More
Chipmaker Broadcom in talks to acquire VMware - Reuters
May 23, 2022 6:18 AM EDTChipmaker Broadcom in talks to acquire VMware - Reuters
... MoreBroadcom (AVGO) May weekly option implied volatility bid
May 23, 2022 4:30 AM EDTBroadcom (NASDAQ: AVGO) May weekly call option implied volatility is at 44, June is at 45; compared to its 52-week range of 20 to 47 into talks to acquire VMware (VMW), Reuters reports.
... MoreBroadcom (AVGO) in Talks to Acquire VMware (VMW) - WSJ
May 22, 2022 9:16 PM EDT(Updated - May 22, 2022 9:26 PM EDT)
Broadcom (NASDAQ: AVGO) is in advanced talks to acquire VMware (NYSE: VMW), the Wall Street Journal reported citing people familiar with the matter.
The two tech giants... More
