Enterprise

Broadcom is reportedly in talks to acquire VMware

It hasn't been long since it left the ownership of Dell Technologies.

VMware
Photo: Yichuan Cao/NurPhoto via Getty Images

Broadcom is said to be in discussions with VMware to buy the cloud computing company for as much as $50 billion.


The news was first reported by Bloomberg and then by The Financial Times. The discussions are said to be ongoing, which means it's unclear whether the deal will be confirmed. VMware was spun off from Dell Technologies last November, and has had multiple owners in the past.

The reported $50 billion figure would be a 25% premium on VMware's market cap at the close of trading on Friday, and pre-market trading on Monday saw the company's stock price rise 15%. The company has been reimagining itself for the multicloud era in recent times. “I think we've done a good job of repositioning and re-aligning the company around the tremendous opportunity that's ahead of us,” CEO Raghu Raghuram told Protocol last week.

The acquisition would significantly diversify Broadcom's offerings, though the company has been acquiring software companies in recent years, including Symantec Endpoint Security.

Policy

How the internet got privatized and how the government could fix it

Author Ben Tarnoff discusses municipal broadband, Web3 and why closing the “digital divide” isn’t enough.

The Biden administration’s Internet for All initiative, which kicked off in May, will roll out grant programs to expand and improve broadband infrastructure, teach digital skills and improve internet access for “everyone in America by the end of the decade.”

Decisions about who is eligible for these grants will be made based on the Federal Communications Commission’s broken, outdated and incorrect broadband maps — maps the FCC plans to update only after funding has been allocated. Inaccurate broadband maps are just one of many barriers to getting everyone in the country successfully online. Internet service providers that use government funds to connect rural and low-income areas have historically provided those regions with slow speeds and poor service, forcing community residents to find reliable internet outside of their homes.

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Aditi Mukund
Aditi Mukund is Protocol’s Data Analyst. Prior to joining Protocol, she was an analyst at The Daily Beast and NPR where she wrangled data into actionable insights for editorial, audience, commerce, subscription, and product teams. She holds a B.S in Cognitive Science, Human Computer Interaction from The University of California, San Diego.

Businesses are evolving, with current events and competition serving as the catalysts for technology adoption. Events from the pandemic to the ongoing war in Ukraine have exposed the fragility of global supply chains. The topic of sustainability is now on every board room agenda. Industries from manufacturing to retail and everything in between are exploring the latest innovations like process automation, machine learning and AI to identify potential safeguards against future disruption. But according to a recent survey from Boston Consulting Group, while 80% of companies are adopting digital solutions to navigate existing business challenges or opportunities like the ones mentioned, only about 30% successfully digitally transform their business.

For the last 50 years, SAP has worked closely with our customers to solve some of the world’s most intricate problems. We have also seen, and have been a part of, rapid accelerations in technology in response. Across industries, certain paths have emerged to help businesses manage the unexpected challenges over the last few years.

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DJ Paoni

DJ Paoni is the President of SAP North America and is responsible for the strategy, day-to-day operations, and overall customer success in the United States and Canada. Dedicated to helping customers become best-run businesses, DJ has established himself as a trusted advisor who places a high priority on their success. He works with many of SAP North America's 155,000 customers and helps them adopt business and technology best practices across 25 different industries.

Fintech

How I decided to exit my startup’s original business

Bluevine got its start in factoring invoices for small businesses. CEO Eyal Lifshitz explains why it dropped that business in favor of “end-to-end banking.”

"[I]t was a realization that we can't be successful at both at the same time: You've got to choose."

Photo: Bluevine

Click banner image for more How I decided series

Bluevine got its start in fintech by offering a modern version of invoice factoring, the centuries-old practice where businesses sell off their accounts receivable for up-front cash. It’s raised $767 million in venture capital since its founding in 2013 by serving small businesses. But along the way, it realized it was better to focus on the checking accounts and lines of credit it provided customers than its original product. It now manages some $500 million in checking-account deposits.

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Ryan Deffenbaugh
Ryan Deffenbaugh is a reporter at Protocol focused on fintech. Before joining Protocol, he reported on New York's technology industry for Crain's New York Business. He is based in New York and can be reached at rdeffenbaugh@protocol.com.
Enterprise

The Roe decision could change how advertisers use location data

Over the years, the digital ad industry has been resistant to restricting use of location data. But that may be changing.

Over the years, the digital ad industry has been resistant to restrictions on the use of location data. But that may be changing.

Illustration: Christopher T. Fong/Protocol

When the Supreme Court overturned Roe v. Wade on Friday, the likelihood for location data to be used against people suddenly shifted from a mostly hypothetical scenario to a realistic threat. Although location data has a variety of purposes — from helping municipalities assess how people move around cities to giving reliable driving directions — it’s the voracious appetite of digital advertisers for location information that has fueled the creation and growth of a sector selling data showing who visited specific points on the map, when, what places they came from and where they went afterwards.

Over the years, the digital ad industry has been resistant to restrictions on the use of location data. But that may be changing. The overturning of Roe not only puts the wide availability of location data for advertising in the spotlight, it could serve as a turning point compelling the digital ad industry to take action to limit data associated with sensitive places before the government does.

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Kate Kaye

Kate Kaye is an award-winning multimedia reporter digging deep and telling print, digital and audio stories. She covers AI and data for Protocol. Her reporting on AI and tech ethics issues has been published in OneZero, Fast Company, MIT Technology Review, CityLab, Ad Age and Digiday and heard on NPR. Kate is the creator of RedTailMedia.org and is the author of "Campaign '08: A Turning Point for Digital Media," a book about how the 2008 presidential campaigns used digital media and data.

Enterprise

Russian cyberattacks against the US may still be coming, experts say

In response to strong sanctions and military aid to Ukraine, Russia was expected to launch disruptive cyberattacks against the West but never did. But a cyberescalation from Russia still remains possible, as soon as later this year, according to experts.

"I fear this is a 'calm before the storm' situation," said Chester Wisniewski, principal research scientist at Sophos.

Illustration: Nanzeeba Ibnat/iStock/Getty Images Plus

In the four months since its invasion of Ukraine, Russia hasn't intensified its usual pattern of cyberattacks against the U.S. and Western Europe in response to sanctions and Ukrainian military aid, as many expected. But that doesn't mean the risk of escalation with the West is gone, numerous experts told Protocol.

In other words, don't lower your shields just yet.

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Kyle Alspach

Kyle Alspach ( @KyleAlspach) is a senior reporter at Protocol, focused on cybersecurity. He has covered the tech industry since 2010 for outlets including VentureBeat, CRN and the Boston Globe. He lives in Portland, Oregon, and can be reached at kalspach@protocol.com.

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