Broadcom, a global technology leader that designs, develops, and supplies semiconductor and infrastructure software solutions, today announced that it has completed its acquisition of VMware. VMware’s common stock will now cease to be traded on the New York Stock Exchange (NYSE). Broadcom’s focus moving forward is to enable enterprise customers to create and modernize their … Read more
This comes months after Broadcom received regulatory approval to acquire VMware from UK and EU authorities concerned about competition. Broadcom has finally closed its more than $60bn deal to buy VMware, the US cloud computing giant, after getting regulatory approval from China. China was the last major country to approve the deal, which became one … Read more
Broadcom, a prominent chipmaker, is set to conclude its acquisition of cloud computing firm VMWare on Wednesday, marking the culmination of a colossal $69 billion takeover that has been under intense global regulatory scrutiny.The company confirmed that it has secured all necessary regulatory approvals for the acquisition, including a recent nod from China with additional … Read more