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.
Broadcom Inc said on Thursday it will buy cloud service provider VMware Inc in a $61 billion cash-and-stock deal to further diversify the chipmaker's business into enterprise software. (Reporting by Chavi Mehta in Bengaluru; Editing by Shounak Dasgupta)
A growing number of Chinese tech start-ups, once the darlings of equity markets, are willing to list shares publicly in China at valuations lower than during private funding rounds in so-called blood listings.
Elon Musk has won the backing of some of the world's wealthiest investors for his $44 billion takeover of Twitter Inc. From Oracle Corp's co-founder Larry Ellison, a self-proclaimed close friend of Musk, to Saudi Arabian investor Prince Alwaleed bin Talal, who had earlier rejected the takeover bid, a bunch of investors had thrown their weight behind the offer. Musk on Wednesday pledged an additional $6.25 billion in equity fin
Canadian data analytics software maker Telus International made and then abruptly withdrew a A$1.2 billion ($830 million) buyout approach for Australian rival Appen Ltd, Appen said on Thursday.
Fortescue Metals Group is funding research by a quantum computing venture into ways to produce cheap and abundant green hydrogen as part of the Australian mining giant's ambition to become the world's top green energy group.
Elon Musk on Wednesday pledged an additional $6.25 billion in equity financing to fund the $44-billion offer for Twitter Inc, reducing the billionaire's margin loan against his Tesla Inc shares to zero.
Twitter Inc investors blocked the re-election of an ally of Elon Musk to the board at an annual meeting on Wednesday that avoided the biggest question for the social media company: will it complete a $44 billion sale to the billionaire.
Silicon Valley startup Solo Advanced Vehicle Technologies has partnered with Michigan-based American Battery Solutions (ABS) to develop battery packs for its new driverless electric heavy-duty truck, Solo AVT’s chief executive told Reuters.
Vedanta will finalize a location for its $20 billion semiconductor and display plants in India by mid-June and will have the first chip product ready in two years, its Chairman Anil Agarwal said on Wednesday.
ATLANTA (Reuters) -The crushing defeat of David Perdue in Tuesday's Republican gubernatorial primary in Georgia likely delighted Donald Trump's adversaries, who have been keeping scorecards to measure the performance of election candidates backed by the former president.