Broadcom CEO outlines strategy for VMware amid regulatory hurdles By Investing.com

Broadcom CEO outlines strategy for VMware amid regulatory hurdles By Investing.com



© Reuters.

Broadcom (NASDAQ:) CEO Hock Tan has shed light on the company’s post-acquisition strategy for VMware (NYSE:) at the VMware Explore conference in Barcelona. The acquisition, valued at $61 billion, is still pending due to a lack of regulatory approval from China. The delay could be a retaliation against U.S.’s stringent export controls on advanced computer chips instituted by President Joe Biden.

Despite these challenges, Tan remains committed to accelerating innovation…



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