Broadcom In Talks To Acquire Cloud Company VMware

Broadcom Inc. is in talks to acquire VMware Inc., the cloud-computing company backed by billionaire Michael Dell, setting up a blockbuster tech deal that would vault the chipmaker into a highly specialized area of software. VMware currently has a market valuation of about $40 billion.

Netflix Sued By Chipmaker Broadcom

Broadcom, a leading chipmaker for pay TV set-tops and other telecom CPE, is suing Netflix, alleging that the streaming service is violating eight of its patents related to data transfer and video playback.