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The merger deal between Broadcom Inc. (NASDAQ: AVGO) and VMware Inc. (NYSE: VMW) had a positive impact on their stock prices.
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VMware stock reached its 52-week high at $158.
One of the largest mergers in the tech industry has taken another step further. The $69 Billion worth deal between semiconductor manufacturer Broadcom Inc. (NASDAQ: AVGO) and cloud computing company VMware Inc. (NYSE: VMW) got conditional approval from the European executive body. Following the news, VMW stock price rose up to 10% while AVGO rose 4% to date.
The American chipmaker company has been “highly acquisitive” since it went …
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