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Megadeals Come Roaring Back as Broadcom Eyes VMware Takeover

  • Deal to rank as one of largest-ever takeovers in tech sector
  • Industry has been bright spot for bankers as M&A volumes slow
EMC World 2011 Conference
Photographer: Ronda Churchill

Broadcom Inc.’s pursuit of enterprise software provider VMware Inc. is set to rank as one of the technology sector’s largest-ever takeovers. 

The potential purchase, first reported by Bloomberg News, would be the latest in a series of transactions this year valued at upwards of $50 billion including debt. Megadeals have come roaring back as ambitious chief executives plot blockbuster acquisitions that would transform their industries, even as overall M&A volumes remain down compared to last year’s record pace.