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0 -0.00124576095231509 6.9208941795217E-05 -0.000622880476157543 0.000761298359747977 -0.00442937227489802 -0.00373728285694506 -6.9208941795217E-05
Stock impact report

VMware feuds with Siemens in legal battle over software licensing [Yahoo! Finance]

Broadcom Inc. (AVGO) 
Last broadcom inc. earnings: 3/12 04:15 pm Check Earnings Report
US:NASDAQ Investor Relations: investors.broadcom.com
Company Research Source: Yahoo! Finance
VMware took legal action against Siemens AG and its affiliates for violating software licensing conditions, filing a complaint for copyright infringement with the U.S. District Court for the District of Delaware on March 21. The lawsuit stemmed from a dispute between the two companies that arose when Siemens requested a one-year renewal of VMware maintenance and support services in September. In its request, Siemens listed “thousands of copies of VMware products for which it had never purchased a license,” VMware said in the complaint. VMware, which was acquired by Broadcom for $61 billion in November 2023 , is seeking an injunction restraining Siemens from continued use of unlicensed products, as well as damages and profits attributabl Read more
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