Broadcom Expected To Beat Quarterly Earnings Expectations
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Broadcom is acquiring VMware in a $61 billion cash-and-stock deal. It’s one of the biggest tech acquisitions ever, behind Dell’s $67 billion EMC deal and Microsoft’s pending acquisition of Activision Blizzard for $68.7 billion. Broadcom is known for its chip business, designing and manufacturing semiconductors for modems, Wi-Fi, and Bluetooth chips across multiple devices.

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