Broadcom's intended acquisition of VMware is by now well known, but what does it mean for VMware’s future? VMware CEO Raghu Raghuram shed some light at VMware Explore in Las Vegas earlier this month.
Global technology firm Broadcom has announced it will be acquiring VMware for about US$61 billion (A$85.9 billion) in a cash and stock transaction, and assuming US$8 billion of the latter's net debt.
Semiconductor and hardware manufacturer Broadcom has said it will take a hit of about US$2 billion in annual sales for its current financial year which ends in November, due to the restrictions placed on Chinese telecommunications equipment vendor Huawei Technologies.
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