It’s been a challenging road for AVGO shares in 2022, down nearly 30%. The combined company will offer enterprise customers a broader platform of critical infrastructure solutions to help them accelerate innovation and address the most complex information technology infrastructure requirements. VMware is a leading provider of multi-cloud services for all apps, having pioneered virtualization technology, an innovation that has positively transformed x86 server-based computing. Let’s take a deeper dive into each acquisition a little further.īroadcom announced its plans to acquire VMware ( VMW Quick Quote VMW - Free Report) in a cash-and-stock transaction valued at approximately $61 billion in May, expected to close in Broadcom’s FY23.

We’re talking about significant acquisition news from large-cap tech companies.Īlphabet ( GOOGL Quick Quote GOOGL - Free Report), Microsoft ( MSFT Quick Quote MSFT - Free Report), and Broadcom ( AVGO Quick Quote AVGO - Free Report) have all announced major acquisitions in 2022, indicating that they are still laser-focused on growth opportunities. However, when taking a step back, several notable announcements seem to have been forgotten amidst all the negativity.Īnd they’re not small announcements by any means, either.

Investors seemingly can't catch a break, whether that be a hawkish Fed, geopolitical issues, or lingering COVID-19 effects spoiling the fun.

It’s easy to get caught up in all the negative news headlines we’ve received in 2022.

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