Broadcom remains undeterred as it races to acquire Zscaler

Broadcom's Aggressive Acquisition Strategy Reshapes Tech Landscape

NOTE: this is an update on a previous article that broke these discussions. Zscaler CEO has denied that his company is for sale, even as investors have mounted pressure to move the discussions forward.

Over the past decade, Broadcom has undergone a remarkable metamorphosis under the leadership of CEO Hock Tan. Once primarily known as a semiconductor giant, the company has transformed into a diversified technology powerhouse through a series of audacious acquisitions. Since 2014, Broadcom has invested more than $130 billion in strategic purchases, dramatically expanding its market presence and workforce across multiple tech sectors, including semiconductors, cloud infrastructure, and cybersecurity.

Now, Broadcom appears poised for its next big move. According to multiple sources close to the company, Tan and his team are aggressively pursuing the acquisition of Zscaler, a leading cloud security firm, for a reported $38 billion - a 40% premium over its current market valuation. This bold…