Broadcom is to buy cloud services firm VMware in a $61 billion deal

The acquisition is the second biggest announced globally so far this year and will almost triple Broadcom’s software-related revenue to about 45% of its total sales.

As part of the deal VMware will be allowed to solicit offers from rival bidders for 40 days

VMWare employs 900 people at it’s operations in Ballincollig


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