Broadcom Inc said on Thursday it will acquire cloud computing company VMware Inc in a $61 billion cash-and-stock deal, the chipmaker's biggest and boldest bid to diversify its business into enterprise software.
The acquisition is the second biggest announced globally so far this year, trailing only Microsoft Corp's $68.7 billion deal to buy video game maker Activision Blizzard Inc.
Source: https://www.reuters.com/markets/us/chipmaker-broadcom-buy-vmware-61-bln-deal-2022-05-26/
Isn't $61 billion a little too much for WMware?