VMware, Inc. (NYSE: VMW) Assures Its Workers After An Acquisition Proposal From Broadcom Inc (NASDAQ: AVGO)

VMware Inc. (NYSE: VMW) attempted to give assurance to at least 35,000 of its workers following an acquisition proposal from Broadcom Inc (NASDAQ: AVGO). The institution’s president Sumit Dhawan told its employees that the host company would treat them similarly.  Dhawan issued testimonials on the process implemented by Broadcom to affect the acquisition of certain […]

Broadcom Inc (NASDAQ: AVGO) Believes Slowed Sales Might Save it From a Future Crash

Broadcom Inc has decided to sacrifice its sales, and its explanation has sparked a lot of questions. However, the company says that the slowing down of sales has been on purpose and that it doesn’t feel worried about lagging behind its peers. Tan explains the move It was the company’s  Chief Executive Officer, Hock Tan, […]

LSI Corp (NASDAQ:LSI) Acquired By Avago Technologies Ltd (NASDAQ:AVGO) For $6.6 Billion

Boston, MA 12/18/2013 (wallstreetpr) – US-based semiconductor technology firm LSI Corp (NASDAQ:LSI) is slated to be bought out by Singapore-based semiconductor giant Avago Technologies Ltd (NASDAQ:AVGO) in an all-cash deal to the tune of $6.6 billion. The second biggest semiconductor industry acquisition this year will, for the large part, see funding from a consortium of investors, which […]