M&A Deal Summary

Broadcom Acquires VMware

On May 26, 2022, Broadcom acquired internet software and services company VMware for 61.0B USD

Acquisition Highlights
  • This is Broadcom’s 2nd transaction in the Internet Software and Services sector.
  • This is Broadcom’s largest (disclosed) transaction.
  • This is Broadcom’s 25th transaction in the United States.
  • This is Broadcom’s 19th transaction in California.

M&A Deal Summary

Date 2022-05-26
Target VMware
Sector Internet Software and Services
Buyer(s) Broadcom
Deal Type Add-on Acquisition
Deal Value 61.0B USD
Advisor(s) Goldman Sachs Investment Banking Division
J.P. Morgan Securities LLC (Financial)
Gibson, Dunn & Crutcher LLP (Legal)

Target

VMware

Palo Alto, California, United States
website
VMware office in Broomfield, Colorado.
VMware office in Broomfield, Colorado.
VMware is a provider of technologies designed to establish secure and reliable IT environments and address a range of complex IT challenges that include cost reduction, operational inefficiencies, access to cloud computing capacity, business continuity and corporate end-user computing device management. VMware's solutions enable organizations to aggregate multiple servers, storage infrastructure and networks together into shared pools of capacity that can be allocated dynamically, securely and reliably to applications as needed. These internal computing infrastructures can be dynamically extended by customers to the public cloud environment. VMware was formed in 1998 and is based in Palo Alto, California.

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Buyer(S) 1

Buyer

Broadcom

Irvine, California, United States

website


Category Company
Founded 1991
SectorSemiconductors
Employees12,500
Revenue 8.4B USD (2014)
DESCRIPTION
Broadcom facility in San Jose, California.
Broadcom facility in San Jose, California.

Broadcom is a global provider of semiconductor solutions for wired and wireless communications. Broadcom was formed in 1991 and is based in Irvine, California.


DEAL STATS #
Overall 30 of 30
Sector (Internet Software and Services) 2 of 2
Type (Add-on Acquisition) 27 of 27
State (California) 19 of 19
Country (United States) 25 of 25
Year (2022) 1 of 1
Size (of disclosed) 1 of 28
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-12-07 AppNeta

Boston, Massachusetts, United States

AppNeta is a provider of proactive application and network monitoring solutions built for the distributed, cloud-connected, digital enterprise. AppNeta was founded in 2011 and is based in Boston, Massachusetts.

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