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 12th transaction in the United States.
  • This is Broadcom’s 8th 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
J.P. Morgan Securities (Financial)
Gibson, Dunn & Crutcher (Legal)

Target

VMware

Palo Alto, California, United States
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

Palo Alto, California, United States
Category Company
Founded 2018
Sector Semiconductors
Employees20,000
Revenue 35.8B USD (2023)
DESCRIPTION

Broadcom is a designer, developer and global supplier of a broad range of analog semiconductor devices with a focus on III-V based products. Broadcom was founded in 2018 and is based in San Jose, California.

DEAL STATS #
Overall 17 of 17
Sector (Internet Software and Services) 2 of 2
Type (Add-on Acquisition) 12 of 12
State (California) 8 of 8
Country (United States) 12 of 12
Year (2022) 1 of 1
Size (of disclosed) 1 of 11
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.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2024-02-26 Broadcom - EUC Division

San Jose, California, United States

Broadcom’s EUC Division provides a suite of digital workspace solutions that allow organizations to securely deliver and manage applications, desktops and data across any device or platform. The EUC Division is based in San Jose, California.

Sell $4.0B
Mergr

Product

Company

Legal