Broadcom scoops up VMware for $69bn after Chinese regulatory approval

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Broadcom Inc. (AVGO) announced on Tuesday that it finalised its acquisition of VMware Inc. and that the company’s shares will no longer trade on the New York Stock Exchange (NYSE).

 

Hock Tan, the president and chief executive officer (CEO) of Broadcom, said in the company’s press release:

We are excited to welcome VMware to Broadcom and bring together our engineering-first, innovation-centric teams as we take another important step forward in building the world’s leading…



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