{"success":true,"data":{"pressRelease":{"id":"38627","rtpr_id":"nGNX8215PP","ticker":"AVGO","exchange":"NASDAQ","all_tickers":["AVGO"],"title":"LSEG Renews Partnership with Broadcom to Enhance Technology Infrastructure and Client Experience","author":"Globe Newswire","published_at":"2026-05-19T07:01:00.097Z","article_body":"LONDON and PALO ALTO, Calif., May 19, 2026 (GLOBE NEWSWIRE) -- LSEG and\nBroadcom Inc. (NASDAQ: AVGO), a global technology leader that designs,\ndevelops, and supplies semiconductor and infrastructure software solutions,\ntoday announced a renewal of their long-standing technology partnership,\nunderpinned by a new five-year agreement centered on VMware Cloud Foundation\n(https://www.globenewswire.com/Tracker?data=z_R8rSAbe1M170QTDZFGd2MoVEnnk2ODBS0xtDzgwYYADLdoiM6kIbpSBqBKUUxQ2YBlkj46oj5agmH8WeBGx0ogy0rDmbKyBNKT5FB1LnlrWnaFaVdXdI6HuQL77RQLrmeizcb1gVrqsYtHZBddwN2oSo-MYaH4UCG7vIggoVE=).\nThe initiative complements LSEG’s existing cloud partnerships.\n\nLSEG has been using VMware software across parts of its technology stack for\nmore than a decade. The new agreement extends this relationship, including the\nuse of VMware Cloud Foundation to support LSEG’s private cloud platform for\nparts of LSEG’s infrastructure. Additionally, Broadcom will provide\nprofessional services to LSEG to roll out VMware Cloud Foundation 9 across its\nenvironments.\n\nVMware Cloud Foundation 9 will support a consistent private cloud platform\ncapable of supporting a wide range of workloads across both traditional and\nmodern applications. This approach will strengthen resilience, improve\noperational efficiency and enhance security across a complex, highly regulated\nenvironment, while enabling greater automation over time.\n\n“Extending our use of VMware Cloud Foundation supports an engineered private\ncloud for our operations, while giving us the flexibility to support new\nservices and workloads as our technology needs evolve,” said Andrew Knight,\nCIO, Infrastructure and Cloud, LSEG.\n\n“LSEG operates important market infrastructure, where reliability and\nperformance really matter,” said Luigi Freguia, President, EMEA Sales,\nBroadcom. “This new five-year agreement reflects the Group’s confidence in\nVMware Cloud Foundation to support those demands, providing a secure and\nresilient platform that can evolve as market needs change.”\n\nAbout Broadcom\nBroadcom Inc. (NASDAQ: AVGO) is a technology leader that designs, develops,\nand supplies semiconductors and infrastructure software for global\norganizations’ complex, mission-critical needs. Broadcom combines long-term\nR&D investment with superb execution to deliver the best technology, at scale.\nBroadcom is a Delaware corporation headquartered in Palo Alto, CA. For more\ninformation, visit www.broadcom.com.\n\nAbout LSEG\nLSEG is a leading global financial markets infrastructure and data provider,\nplaying a vital social and economic role in the world’s financial system.\nWith our open approach, trusted expertise and global scale, we enable the\nsustainable growth and stability of our customers and their communities. We\nare dedicated partners with extensive experience, deep knowledge and a\nworldwide presence in data and analytics; indices; capital formation; and\ntrade execution, clearing and risk management across multiple asset classes.\nLSEG is headquartered in the United Kingdom, with significant operations in 65\ncountries across EMEA, North America, Latin America and Asia Pacific. We\nemploy over 26,000 people globally, more than half located in Asia Pacific.\nLSEG’s ticker symbol is LSEG.\n\nMedia Contacts:\n\nOllie Bennett\nBroadcom EMEA Communications \nOllie.Bennett@broadcom.com\n\nRoger T. Fortier\nVMware Cloud Foundation Division, Broadcom\n+1.408.348.1569\nroger.fortier@broadcom.com\n\n(https://www.globenewswire.com/NewsRoom/AttachmentNg/2fecbd2d-d0e5-4503-969d-90632b69ed65)\n\n\n\nGlobeNewswire, Inc. 2026","article_body_html":"","raw_payload":{"data":{"id":"nGNX8215PP","title":"LSEG Renews Partnership with Broadcom to Enhance Technology Infrastructure and Client Experience","author":"Globe Newswire","ticker":"AVGO","created":"2026-05-19T07:01:00.097Z","tickers":["AVGO"],"exchange":"NASDAQ","article_body":"LONDON and PALO ALTO, Calif., May 19, 2026 (GLOBE NEWSWIRE) -- LSEG and\nBroadcom Inc. (NASDAQ: AVGO), a global technology leader that designs,\ndevelops, and supplies semiconductor and infrastructure software solutions,\ntoday announced a renewal of their long-standing technology partnership,\nunderpinned by a new five-year agreement centered on VMware Cloud Foundation\n(https://www.globenewswire.com/Tracker?data=z_R8rSAbe1M170QTDZFGd2MoVEnnk2ODBS0xtDzgwYYADLdoiM6kIbpSBqBKUUxQ2YBlkj46oj5agmH8WeBGx0ogy0rDmbKyBNKT5FB1LnlrWnaFaVdXdI6HuQL77RQLrmeizcb1gVrqsYtHZBddwN2oSo-MYaH4UCG7vIggoVE=).\nThe initiative complements LSEG’s existing cloud partnerships.\n\nLSEG has been using VMware software across parts of its technology stack for\nmore than a decade. The new agreement extends this relationship, including the\nuse of VMware Cloud Foundation to support LSEG’s private cloud platform for\nparts of LSEG’s infrastructure. Additionally, Broadcom will provide\nprofessional services to LSEG to roll out VMware Cloud Foundation 9 across its\nenvironments.\n\nVMware Cloud Foundation 9 will support a consistent private cloud platform\ncapable of supporting a wide range of workloads across both traditional and\nmodern applications. This approach will strengthen resilience, improve\noperational efficiency and enhance security across a complex, highly regulated\nenvironment, while enabling greater automation over time.\n\n“Extending our use of VMware Cloud Foundation supports an engineered private\ncloud for our operations, while giving us the flexibility to support new\nservices and workloads as our technology needs evolve,” said Andrew Knight,\nCIO, Infrastructure and Cloud, LSEG.\n\n“LSEG operates important market infrastructure, where reliability and\nperformance really matter,” said Luigi Freguia, President, EMEA Sales,\nBroadcom. “This new five-year agreement reflects the Group’s confidence in\nVMware Cloud Foundation to support those demands, providing a secure and\nresilient platform that can evolve as market needs change.”\n\nAbout Broadcom\nBroadcom Inc. (NASDAQ: AVGO) is a technology leader that designs, develops,\nand supplies semiconductors and infrastructure software for global\norganizations’ complex, mission-critical needs. Broadcom combines long-term\nR&D investment with superb execution to deliver the best technology, at scale.\nBroadcom is a Delaware corporation headquartered in Palo Alto, CA. For more\ninformation, visit www.broadcom.com.\n\nAbout LSEG\nLSEG is a leading global financial markets infrastructure and data provider,\nplaying a vital social and economic role in the world’s financial system.\nWith our open approach, trusted expertise and global scale, we enable the\nsustainable growth and stability of our customers and their communities. We\nare dedicated partners with extensive experience, deep knowledge and a\nworldwide presence in data and analytics; indices; capital formation; and\ntrade execution, clearing and risk management across multiple asset classes.\nLSEG is headquartered in the United Kingdom, with significant operations in 65\ncountries across EMEA, North America, Latin America and Asia Pacific. We\nemploy over 26,000 people globally, more than half located in Asia Pacific.\nLSEG’s ticker symbol is LSEG.\n\nMedia Contacts:\n\nOllie Bennett\nBroadcom EMEA Communications \nOllie.Bennett@broadcom.com\n\nRoger T. Fortier\nVMware Cloud Foundation Division, Broadcom\n+1.408.348.1569\nroger.fortier@broadcom.com\n\n(https://www.globenewswire.com/NewsRoom/AttachmentNg/2fecbd2d-d0e5-4503-969d-90632b69ed65)\n\n\n\nGlobeNewswire, Inc. 2026"},"type":"article","timestamp":"2026-05-19T07:01:00.138476388Z","server_sent_at_ms":1779174060138},"received_at":"2026-05-19T07:01:00.193Z","source_url":null},"analysis":{"id":"28068","press_release_id":"38627","analysis_json":{"industry":{"label":"Semiconductors & Semiconductor Equipment","sector":"Information Technology"},"redFlags":[],"eventType":"partnership","narrative":"Broadcom announced a renewal of its technology partnership with LSEG, a leading global financial markets infrastructure provider.\n\nThe new five-year agreement centers on VMware Cloud Foundation, extending a relationship that has spanned more than a decade.\n\nBroadcom will provide professional services to roll out VMware Cloud Foundation 9, supporting LSEG’s private cloud platform for resilience and operational efficiency.","sentiment":"bullish","agentHooks":{"shouldPost":false,"suggestedAngle":"Broadcom secures 5-year VMware renewal with major financial infrastructure client LSEG, reinforcing software recurring revenue stability."},"keyFigures":{"customDimensions":{"contract_duration":"5 years"}},"quotedText":"This new five-year agreement reflects the Group’s confidence in VMware Cloud Foundation to support those demands, providing a secure and resilient platform that can evolve as market needs change.","namedEntities":{"people":[{"name":"Andrew Knight","role":"CIO, Infrastructure and Cloud, LSEG"},{"name":"Luigi Freguia","role":"President, EMEA Sales, Broadcom"},{"name":"Ollie Bennett","role":"Broadcom EMEA Communications"},{"name":"Roger T. Fortier","role":"VMware Cloud Foundation Division, Broadcom"}],"products":["VMware Cloud Foundation","VMware Cloud Foundation 9"],"companies":[{"name":"Broadcom Inc.","ticker":"AVGO","relationship":"filer"},{"name":"LSEG","ticker":"LSEG","relationship":"customer"},{"name":"VMware","relationship":"subsidiary/product line"}],"dollarAmounts":[]},"materialImpact":{"score":2,"reasoning":"Renewal of an existing long-standing partnership with a major client (LSEG) for VMware Cloud Foundation. While it validates Broadcom's infrastructure software stickiness and recurring revenue model, it is a standard commercial contract renewal rather than a transformative new deal or M&A event."},"tickerRelevance":{"others":[{"ticker":"LSEG","relevance":"customer"}],"primary":"AVGO"},"globalImportance":35,"audienceRelevance":40,"eventTypeSecondary":[],"importanceComponents":{"tickerTier":"mega-cap","eventGravity":"commercial_partnership_renewal","sectorWeight":"high","householdBrandBoost":"low","marketCapAdjustment":"positive"}},"event_type":"partnership","event_type_secondary":null,"sentiment":"bullish","material_impact_score":2,"narrative":"Broadcom announced a renewal of its technology partnership with LSEG, a leading global financial markets infrastructure provider.\n\nThe new five-year agreement centers on VMware Cloud Foundation, extending a relationship that has spanned more than a decade.\n\nBroadcom will provide professional services to roll out VMware Cloud Foundation 9, supporting LSEG’s private cloud platform for resilience and operational efficiency.","key_figures":{"customDimensions":{"contract_duration":"5 years"}},"named_entities":{"people":[{"name":"Andrew Knight","role":"CIO, Infrastructure and Cloud, LSEG"},{"name":"Luigi Freguia","role":"President, EMEA Sales, Broadcom"},{"name":"Ollie Bennett","role":"Broadcom EMEA Communications"},{"name":"Roger T. Fortier","role":"VMware Cloud Foundation Division, Broadcom"}],"products":["VMware Cloud Foundation","VMware Cloud Foundation 9"],"companies":[{"name":"Broadcom Inc.","ticker":"AVGO","relationship":"filer"},{"name":"LSEG","ticker":"LSEG","relationship":"customer"},{"name":"VMware","relationship":"subsidiary/product line"}],"dollarAmounts":[]},"model_name":"qwen3_6_27b_awq","prompt_hash":"sha256:727b4b9429a443af","schema_hash":"sha256:05005c02d9cffac9","created_at":"2026-05-19T07:01:11.822Z","global_importance":35,"audience_relevance":40,"importance_components":{"tickerTier":"mega-cap","eventGravity":"commercial_partnership_renewal","sectorWeight":"high","householdBrandBoost":"low","marketCapAdjustment":"positive"}},"durationMs":11591,"modelName":"george-droid-qwen-72b"}}