VMware, Broadcom extend deadline for acquisition

  • 📰 TheRegister
  • ⏱ Reading Time:
  • 43 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 21%
  • Publisher: 61%

Malaysia News News

Malaysia Malaysia Latest News,Malaysia Malaysia Headlines

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. ®

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 67. in MY
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines