Sometimes when there is smoke, there is actually fire. Such was the case with the rumors of Broadcom’s interest in VMware this past weekend. It turns out that fire was burning hot and today, Broadcom announced it was acquiring VMware in a massive $61 billion deal. The deal is a combination of...
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RSA Security has spun out its fraud and risk intelligence business into a standalone company called Outseer that will double down on payment security tools amid an “unprecedented” rise in fraudulent transactions. Led by CEO Reed Taussig, who was appointed head of RSA’s Anti-Fraud Business...
Dell announced a $9.7 billion deal to spin off its stake in VMware to create two standalone companie. The deal is expected to close in Q4.Read...