We are investigating possible breaches of fiduciary duty and other violations of law by the board of directors of VMware, Inc. (“VMware” or the “Company”) (NYSE:VMW), in connection with the proposed acquisition of the Company by Broadcom Inc. (“Broadcom”) (NASDAQ: AVGO).  Under the terms of the merger agreement, the Company’s shareholders will receive $142.50 in cash or 0.2520 shares of Broadcom common stock for each VMware share owned, representing implied per-share merger consideration of approximately $133.97 based upon Broadcom’s May 25, 2022 closing price of $531.63.  Upon completion of the transaction, Broadcom shareholders will own approximately 88% of the combined company, while VMware shareholders will own only approximately 12% of the combined company.  The transaction is valued at approximately $61 billion.

Weiss Law is investigating whether (i) VMware’s board of directors acted in the best interests of Company shareholders in agreeing to the proposed transaction, (ii) the per-share merger consideration adequately compensates VMware’s shareholders, and (iii) all information regarding the sales process and valuation of the transaction will be fully and fairly disclosed.