Which semiconductor company acquired VMware in 2023?

Broadcom acquired VMware in 2023, expanding from semiconductors into enterprise virtualization software.

Broadcom completed its acquisition of VMware on November 22, 2023. The transaction was valued at approximately $69 billion and was one of the largest technology deals of that year. VMware became part of Broadcom’s infrastructure software division.

Broadcom is a major designer and supplier of semiconductors used in networking, broadband, storage and wireless communications. Before the VMware deal, the company had also expanded its software operations through the acquisition of CA Technologies in 2018 and Symantec’s enterprise security business in 2019.

The acquisition is sometimes confused with Dell’s earlier ownership of VMware. Dell separated VMware through a 2021 corporate spin-off, leaving VMware independent before Broadcom purchased it. Broadcom’s stock ticker is AVGO, while VMware’s former ticker was VMW.