Tag Archives: VMware

(Bloomberg) — Broadcom Inc. is in talks to acquire cloud-computing company VMware Inc., according to people familiar with the matter, setting up a blockbuster tech deal that would vault the chipmaker into a highly specialized area of software. Most Read from Bloomberg The discussions are ongoing and there’s no guarantee they will lead to a purchase, said the people, who asked not to be identified because the matter isn’t public. VMware currently has a market valuation of about $40… Source link

Google and VMware have announced a new element to their partnership that the two companies said will simplify cloud migrations, provide more flexibility, and help companies modernize their enterprise applications with a minimum amount of pain.  An expanded partnership between VMware and Google Cloud means AWS and Dell are being joined by a third cloud partner for VMware Cloud Universal, which allows VMware licenses to function both on-prem and in the cloud. Google’s part in the deal… Source link

© Reuters By Peter Nurse Investing.com — Stocks in focus in premarket trade on Friday, February 25th. Please refresh for updates. Beyond Meat (NASDAQ:) stock fell 10% after the posted disappointing numbers for the fourth quarter with revenue falling short of expectations and its net loss more than tripling. Tesla (NASDAQ:) stock rose 1.4% after Daiwa upgraded its stance on the electric car manufacturer to “outperform” from “neutral”, saying the rising gasoline prices… Source link