Chipmaker Broadcom Inc is in talks to acquire cloud service provider VMware Inc


Chipmaker Broadcom Inc is in talks to acquire cloud service provider VMware Inc, people familiar with the matter told Reuters.


According to the sources, negotiations between Broadcom and VMware are ongoing and a deal is not imminent. The terms of the deal under consideration could not be learned. Following its $18.9 billion acquisition of CA Technologies and its $10.7 billion acquisition of Symantec Corp's security division in the last four years, Broadcom's business would be further diversified away from semiconductors and into enterprise software.

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