VMware, Broadcom extend deadline for acquisition

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VMware, Broadcom, extend deadline for acquisition to be signed, sealed, and delivered

For VMware and Broadcom, getting their paperwork in order to ensure they have plenty of time to finish the deal therefore makes sense.

Broadcom continues to express its ardor for VMware, with CEO Hock Tan's name appearing on a string of social media posts advising stakeholders of articles he has penned, Q&A sessions in which he gives broad answers to unchallenging questions, or third party articles that express praise for the deal. While the transaction burbles along towards a conclusion, VMware's rivals are making more noise about the alternatives they represent – in the hope that some users feel the time is ripe to migrate to a different platform.

Some even hint that the deal could fall apart, leaving VMware in a weak position. There are no obvious reasons for the transaction to fail, although with interest rates having risen significantly since Broadcom arranged finance for the deal it has effectively become a more expensive proposition. ®

 

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