$61B purchase of VMware by Broadcom will combine Symantec & Carbon Black!

31 May 2022 Internet, IT & e-Discovery Blog Blog
Author(s): Peter Vogel

Darkreading.com reported that “Broadcom described the acquisition as part of its move to create a global infrastructure technology company. The company also announced that its Broadcom Software Group will be rebranded as VMware.”  The May 26, 2022 article entitled “Broadcom Snaps Up VMware in $61B Deal” included these comments:

Security-wise, the deal will bring Broadcom's Symantec security division and VMware's Carbon Black unit under one roof. Broadcom acquired Symantec in for $10.7 billion in August 2019, and VMware bought cloud-native endpoint security firm Carbon Black for $2.1 billion in October 2019.

Tom Krause (President of Broadcom Software Group) made these comments:

VMware has long been recognized for its enterprise software leadership, and through this transaction we will provide customers worldwide with the next generation of infrastructure software.

VMware's platform and Broadcom's infrastructure software solutions address different but important enterprise needs, and the combined company will be able to serve them more effectively and securely,…

We have deep respect for VMware's customer focus and innovation track record, and look forward to bringing together our two organizations.

Interesting change in this cyber security space.

This blog is made available by Foley & Lardner LLP (“Foley” or “the Firm”) for informational purposes only. It is not meant to convey the Firm’s legal position on behalf of any client, nor is it intended to convey specific legal advice. Any opinions expressed in this article do not necessarily reflect the views of Foley & Lardner LLP, its partners, or its clients. Accordingly, do not act upon this information without seeking counsel from a licensed attorney. This blog is not intended to create, and receipt of it does not constitute, an attorney-client relationship. Communicating with Foley through this website by email, blog post, or otherwise, does not create an attorney-client relationship for any legal matter. Therefore, any communication or material you transmit to Foley through this blog, whether by email, blog post or any other manner, will not be treated as confidential or proprietary. The information on this blog is published “AS IS” and is not guaranteed to be complete, accurate, and or up-to-date. Foley makes no representations or warranties of any kind, express or implied, as to the operation or content of the site. Foley expressly disclaims all other guarantees, warranties, conditions and representations of any kind, either express or implied, whether arising under any statute, law, commercial use or otherwise, including implied warranties of merchantability, fitness for a particular purpose, title and non-infringement. In no event shall Foley or any of its partners, officers, employees, agents or affiliates be liable, directly or indirectly, under any theory of law (contract, tort, negligence or otherwise), to you or anyone else, for any claims, losses or damages, direct, indirect special, incidental, punitive or consequential, resulting from or occasioned by the creation, use of or reliance on this site (including information and other content) or any third party websites or the information, resources or material accessed through any such websites. In some jurisdictions, the contents of this blog may be considered Attorney Advertising. If applicable, please note that prior results do not guarantee a similar outcome. Photographs are for dramatization purposes only and may include models. Likenesses do not necessarily imply current client, partnership or employee status.

Author(s)