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Broadcom in Advanced Talks to Buy VMware

Broadcom in Advanced Talks to Buy VMware #Broadcom #Advanced #Talks #Buy #VMware Welcome to TmZ Blog, here is the new story we have for you today:

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Broadcom Inc.

AVGO -0.55%

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is in advanced talks to buy

VMware Inc.,

VMW 0.80%

according to people familiar with the matter, setting the stage for what would be one of the years biggest deals.

The technology companies are discussing a cash-and-stock deal that could come soon, assuming the talks dont fall apart, the people said. VMware has a market value of $40 billion, while Broadcoms is around $222 billion.

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