Broadcom reportedly in talks to buy VMware

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Chip maker Broadcom Inc. is in negotiations to buy enterprise cloud-computing company VMware Inc., according to multiple reports Sunday night.

Bloomberg News, Reuters and the New York Times reported the ongoing talks but did not mention a purchase price; as of Friday, VMware VMW, +0.80% had a market cap of about $40.3 billion, while Broadcom was valued at about $222 billion.

This article was originally published by Marketwatch.com. Read the original article here.

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