Broadcom Announces $10 Billion Stock Buyback Plan
Broadcom has announced plans to repurchase up to an additional $10 billion worth of shares, with the repurchase set to be completed by the end of this year. CEO Hock...
Broadcom Reports Impressive 47% Revenue Surge from VMware and AI Chip Demand
Broadcom has reported its third-quarter financial results in 2024 with total revenue of $13.072 billion, showing a 47% increase compared to the same quarter in the previous year. This growth...
Broadcom closes EUC (VMware Horizon) business sale to KKR for $4 billion dollars.
Investment company KKR has announced an agreement to acquire the End-User Computing (EUC) business from Broadcom in a deal worth approximately $4 billion. Following the completion of the deal, the...
The Cessation of a Contract by Dell Technologies: A Shift in Ownership Catalyzes the Departure of VMware, Now Under the Aegis of Broadcomm.
Dell Technologies has announced the termination of its commercial agreement with VMware, the former subsidiary it recently sold to Broadcom. This agreement covers various commercial activities, including Dell acting as...
Apple, Broadcom face unprecedented patent infringement lawsuit filed by CalTech in 2016, alleging violation of Wi-Fi patent rights.
The California Institute of Technology, commonly known as CalTech, has reached an agreement to settle a patent infringement lawsuit against Apple and Broadcom. The lawsuit, filed by CalTech in 2016,...