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Deals made by Broadcom under CEO Hock Tan


According to sources familiar with the situation, Broadcom is in talks to buy software company VMWare, a move that would turn the chipmaker into a diversified tech company.

Broadcom’s most ambitious bid since its failed attempt to buy Qualcomm for $103 billion in 2018 would be to buy VMware, which has a market valuation of $40 billion.

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The following is a timeline of Broadcom’s significant deals under CEO Hock Tan:

August 2019

Broadcom has agreed to pay $10.7 billion in cash for Symantec’s corporate security unit.

July 11, 2018

Broadcom has announced that it will purchase CA Inc, a US business software company, for $18.9 billion, expanding its operations outside semiconductors.

Nov. 6, 2017

Broadcom launches an unsolicited $103 billion proposal for Qualcomm Inc, kicking off a takeover battle that could transform the mobile phone hardware industry.

Broadcom abandoned its bid to buy Qualcomm in February 2018, two days after US President Donald Trump announced the attempt.

Nov. 2, 2016

Broadcom has agreed to buy Brocade Communications Systems, Inc, a network equipment maker, for $5.5 billion in cash in order to develop its fibre channel and storage operations.

May 28, 2015

Broadcom Corp agrees to buy Avago Technologies for $37 billion in the largest chipmaker merger ever. Avago’s name was changed to Broadcom after the acquisition.

February 2015

Avago has agreed to buy Emulex Corp for $764 million in order to expand Broadcom’s storage network presence into fiber channel technology.

December 2014

Avago has agreed to buy LSI Corp for $6.6 billion, as it looks to the fast-growing storage chip industry to help it weather the storm in its main wireless sector.

April 2013

Avago has agreed to buy CyOptics Inc, a developer of optical chips and components, for $400 million in cash.

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Written by Kingsley odor

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