A Potential Broadcom Bid for VMware Has Wall Street Mostly Upbeat

Broadcom President and CEO Hock Tan in recent years has made a series of moves to expand the chip company’s business beyond semiconductors into enterprise software. In 2018, the company paid $18.9 billion in cash for the mainframe software provider CA Technologies, originally known as Computer Associates. A year later, Broadcom paid $10.7 billion in cash for Symantec’s Enterprise Security software unit. 

Now Tan apparently is upping the ante: according to The Wall Street Journal, Bloomberg, and other outlets, Broadcom (ticker:…