I just received this email notice five mins ago from Broadcom.
May 26, 2022
We’re reaching out today with an update on Broadcom’s strategy to build the world’s leading infrastructure technology company. We just announced that Broadcom has entered into an agreement to acquire VMware, a leading innovator in enterprise software that pioneered virtualization technology. This transaction will add significant scale to our software business and continues our track record of acquiring established, mission-critical platforms.
VMware has long been recognized for its enterprise software leadership, and through this transaction we will provide customers worldwide with the next generation of infrastructure software. Given that VMware’s platform and Broadcom’s infrastructure software solutions address different but important enterprise needs, the combined company will be able to meet your needs even more effectively and securely, with greater choice and flexibility to build, run, manage, connect and protect applications at scale, across diversified, distributed environments, regardless of where they run: from the data center, to any cloud and to edge-computing.
Following the closing of the transaction, the Broadcom Software Group will rebrand and operate our existing infrastructure and security software solutions as VMware, a testament to our excitement around what the future holds. Importantly, with our shared engineering-first, innovation-centric cultures, R&D will remain central to everything we do, and we look forward to continuing to innovate as your trusted partner.
Until we complete the transaction, which we expect to happen in Broadcom’s fiscal year 2023, Broadcom and VMware will continue operating independently. Your day-to-day contacts will remain the same, and we will continue to provide you with the excellent service and innovative offerings that you have come to expect from us. In short, it is business as usual, and we expect this to be a seamless transition from your perspective.
If you have any questions, please do not hesitate to reach out to your Broadcom sales contact. In the meantime, we hope you share our enthusiasm for what’s ahead as we reimagine what we can deliver to customers as a leading infrastructure technology company. We thank you for your support and look forward to continuing our relationship with you.
President and Chief Executive Officer, Broadcom Inc.
President, Broadcom Software Group, Broadcom Inc.
Edit: Found a news article Chipmaker Broadcom to buy VMware in $61 bln deal | Reuters