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Broadcom said in talks to purchase VMware (update)

May 23, 2022 9:25 AM ETVMware, Inc. (VMW), AVGOQCOM, DELLBy: Joshua Fineman, SA News Editor67 Comments

Broadcom Reports Quarterly Earnings

Justin Sullivan/Getty Images News

Update 9:25am: Updates shares, add transaction details.

Broadcom (NASDAQ:AVGO) is said in talks to acquire cloud-computing company VMware Inc. (NYSE:VMW). VMW shares surged 19% in premarket trading, while Broadcom fell 4.1%.

Talks are ongoing and could still fall

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