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Broadcom CEO Tan plans to seek more acquisitions after VMware, FT reports
The Fly

Broadcom CEO Tan plans to seek more acquisitions after VMware, FT reports

Broadcom (AVGO) CEO Hock Tan has implicated plans to make more deals after the company’s $69B move for VMware (VMW) as the he signs on for another five years as chief, Tim Bradshaw of The Financial Times reports. In an interview with the Financial Times, Tan said Broadcom would continue to look at semiconductor acquisitions, despite its hostile $142B bid for Qualcomm (QCOM) was blocked in 2018. Additionally, Tan said acquisitions remain a "key part" of Broadcom’s strategy and the company maintains a list of "companies with assets that we would love to buy." Reference Link

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