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Joele Frank, Wilkinson Brimmer Katcher represents Broadcom as it moves to acquire VMware cloud software company in a $69B deal, including debt, a deal that could signal a rebound in big corporate mergers, according to the Financial Times.
The transaction will transform the semiconductor company into a diversified tech powerhouse equipped to tackle the most pressing information infrastructure needs.
Broadcom CEO Hock Tan calls VMware an iconic pioneer and innovator in enterprise software.
“Collectively, we will deliver even more choice, value and innovation to customers, enabling them to thrive in this increasingly complex multi-cloud era,” Tan said.
Michael Dell, chairman of VMware, says the merger is a “landmark moment” that provides shareholders and employees the opportunity to participate in meaningful upside.”
JFWBK’s Joele Frank, Tim Rangones and Arielle Rothstein handle Broadcom.
Sard Verbinnen & Co.’s Paul Kranhold, Pete Siwinski and Leah Polito work the VMware account.
Jenn Kettnich, who has more than 15 years of financial communications experience, has joined Liftoff Mobile as VP-investor relations following completion of its recent IPO.
Joele Frank handles Crinetics Pharmaceuticals as the specialist for treatments for endocrine diseases agrees to get acquired by Vertex Pharmaceuticals in a deal pegged at $8.8B.
Teneo represents Honeywell spin-off Solstice Advanced Materials as it buys Collected Strategies client Element Solutions in a deal pegged at $14.5B.
Dallas-based Throughline Global Advisors advised Principal Mineral as it acquired Isola Group, maker of copper-clad laminates used in printed circuit boards.
oele Frank works for satellite operator Iridium Communications as it gets acquired by space company Rocket Lab in a deal worth $8B.
