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major changes for at least five years. The spinoff was completed on November 1, 2021.On May 12, 2021, VMware announced that Raghu Raghuram would take over as CEO.

In May 2022, VMware announced that the company had partnered with Formula One motor racing team, McLaren Racing.

Acquisition by Broadcom

On May 26, 2022, Broadcom announced its intention to acquire VMware for approximately $61 billion in cash

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