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VMware reports FY1Q23 results; acquired by Broadcom

  • May 26, 2022
  • Analyst: Philbert Shih

VMware reported its FY1Q23 results (CY1Q22), which showed continued momentum toward subscription and SaaS-based services and attrition from legacy software licensing models. VMware will be acquired by Broadcom in a deal worth ~$61b.

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