Broadcom to Review Strategic Alternatives for Two of VMware's Businesses
December 01, 2023 at 05:21 am IST
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Broadcom Inc. (NasdaqGS:AVGO) will review "strategic alternatives" for two VMware business units, a leaked email says. After Broadcom's acquisition, VMware will continue to operate as four units, the email says. Broadcom has a history of selling off parts of companies it acquired.
Broadcom CEO Hock Tan told employees he was reviewing strategic alternatives for two parts of VMware following the acquisition of the cloud-software company.
Broadcom Inc. specializes in designing, developing, and selling analog components and sub-systems, with mixed and optoelectronic signals. The group's products include power amplifiers, radio-frequency filters, encoders, optocouplers, fiber-optic transmitters and receivers, etc.
Net sales break down by market between semiconductors (78.7%) and infrastructures (21.3%).
Net sales are distributed geographically as follows: Americas (23.1%), Asia/Pacific (66.8%), and Europe/Middle East/Africa (10.1%).