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July 12th, 2021 at 11:51 am
Broadcom Inc. AVGO +2.72% is in talks to buy SAS Institute Inc., according to people familiar with the matter, in the latest move by the technology giant to double down on enterprise software.
A deal, which would value closely held SAS in the range of $15 billion to $20 billion, could be finalized in the coming weeks, assuming the talks don’t fall apart, the people said.