Broadcom is in talks to acquire data center management software company VMware, Bloomberg reported . The deal, which would likely cost at least $50 billion, would be the largest-ever acquisition of a software firm and bolster a Broadcom enterprise technology portfolio that already includes old guard companies like CA Technologies. VMware, which has a market capitalization of around $40...
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Musk Puts $20 Billion Value on Twitter
Elon Musk offered Twitter employees stock grants at a valuation of roughly $20 billion, said a person familiar with an email Musk sent to staff, less than half what he paid to buy the company. It was a concrete acknowledgment of how much Twitter’s value has dropped since the deal—but it is still well above public market valuation levels for Twitter’s rivals.
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