Broadcom in talks to buy cloud service provider VMware for $60b

Broadcom in talks to buy cloud service provider VMware for $60b

A sign to the campus offices of chip maker Broadcom Ltd is shown in Irvine, California, U.S., November 6, 2017. REUTERS/Mike Blake

Broadcom Inc is in talks to acquire cloud service provider VMware Inc in a $60 billion deal which would further diversify the chip manufacturer’s business into enterprise software, people familiar with the matter said.