No. As of October 2026, Broadcom has not announced any deal to acquire Zscaler. The question comes from a rumor in May 2024, when a cybersecurity Substack reported that Broadcom was in talks to buy Zscaler for around $38 billion, citing people familiar with the discussions.
Zscaler’s founder and CEO, Jay Chaudhry, responded publicly on LinkedIn. He said that neither he nor the Zscaler board was seeking or entertaining offers to acquire the company, and that reports stating otherwise were untrue. He pointed investors to Zscaler’s SEC filings and investor relations site for official information.
Why did the rumor seem plausible?
The story got traction because it fit a pattern. Broadcom had recently completed its acquisition of VMware, and before that bought Symantec’s enterprise security business and CA Technologies. Analysts noted that adding a large cloud security platform would extend that strategy. Others pointed out that Zscaler’s size and founder control made a deal unlikely.
What should Zscaler customers take from this?
For IT and security teams, the practical lesson is less about this specific rumor and more about vendor risk. After Broadcom’s VMware acquisition, many customers saw significant licensing and pricing changes. When a core access platform changes hands, contracts, roadmaps and support models can change with it.
It is worth knowing how dependent your remote access is on any single vendor’s commercial decisions, and how hard it would be to move. Questions to ask include:
- How many separate products and licenses does your secure access stack rely on?
- Would a change in pricing or packaging force a re-architecture?
- How long would it realistically take to migrate users to an alternative?
Where Cloudbrink fits
Cloudbrink’s Personal SASE is delivered under a single license and is 100% software, with no appliances to replace. That keeps switching costs low in either direction. A national insurance company moved 850 users onto Cloudbrink in one week. If you are reviewing your Zscaler deployment for cost or performance reasons, see our Cloudbrink and Zscaler comparison.