Singtel and Broadcom Partner to Bring Seamless Connectivity and Edge Computing to Mission-Critical Applications, Financial Terms Undisclosed
Portfolio Pulse from Benzinga Newsdesk
Singtel and Broadcom Inc., through its recent acquisition VMware, have partnered to integrate seamless connectivity and edge computing for mission-critical applications via Singtel Paragon. Financial terms of the partnership were not disclosed.
February 27, 2024 | 7:01 am
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Broadcom Inc.'s partnership with Singtel through VMware aims to enhance mission-critical applications with seamless connectivity and edge computing, potentially increasing Broadcom's market presence in 5G and edge cloud solutions.
The partnership with Singtel, leveraging VMware, positions Broadcom Inc. (AVGO) favorably in the rapidly growing sectors of 5G and edge computing. This strategic move could enhance Broadcom's product offerings and market share, likely leading to a positive short-term impact on its stock price.
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