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Benzinga

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Anusuya Lahiri

Broadcom Expands Lloyds Banking Deal To Power Massive Digital Overhaul

Broadcom Lloyds Nasdaq AVGO Lloyds Banking Group

Broadcom

Broadcom Inc. (NASDAQ:AVGO) has expanded its long-running partnership with Lloyds Banking Group through a multi-year agreement aimed at accelerating the bank's digital transformation strategy.

Under the deal, Lloyds will broaden its adoption of Broadcom's infrastructure software, including VMware Cloud Foundation and mainframe solutions, to reinforce the resilience, agility, and scalability of its technology systems.

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