Dell

Software company VMware to acquire Pivotal and Carbon Black

VMware office in Palo Alto, Calif. Photo: Yichuan Cao/NurPhoto via Getty Images

Software company VMware has agreed to acquired Pivotal and Carbon Black, valued at $2.7 billion and $2.1 billion respectively.

Why it matters: These are VMware's largest acquisitions to date, which the company says will bolster its product offerings and revenue, per CNBC. VMware's stock price dropped nearly 4% in after-hours trading.

Editor's note: This story's headline has been corrected to show the correct name for Carbon Black.

The U.S.-China trade war could spark an Asian labor shortage

A woman works arranging Christmas cards
Inside a Vietnamese factory. Photo: Getty Images

As the trade war with Beijing drags on, dozens of firms — from high-tech electronics manufacturers to apparel companies — have the same idea: relocate out of China to dodge the tariffs.

Yes, but: One seldom-discussed consequence of those moves is a potential labor shortage in places like Vietnam, Bangladesh and Cambodia, where many U.S. companies are fleeing.