Buckle up: $61 billion VMware acquisition a done deal by October 30, says Broadcom

A $61 billion Broadcom VMware buyout is on track to close in late October. That’s according to the chipmaker, after the deal was given final clearance by the UK’s Competition watchdog today (August 21) – despite its earlier forceful criticism of the planned buyout, made in March 2023.

Hold on to your horses, folks. As Andy Sinclair, CTO at the UK’s Brightsolid has earlier noted, Broadcom does well out of its acquisitions but a “perceived lack of innovation and the sweating of…