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Broadcom on Wednesday closed its $69 billion acquisition of cloud-computing firm VMware after receiving regulatory approval in last major market China and ending a months-long saga. The deal, one ...
Broadcom is buying VMware for $61 billion, making it one of the largest tech acquisitions to date.
Computer chip and software maker Broadcom has announced it has cleared all regulatory hurdles and plans to complete its $69 billion acquisition of cloud technology company VMware on Wednesday. The ...
Computer chip and software maker Broadcom will spend about $61 billion to acquire the cloud technology company VMware, one of the biggest deals of the year despite an environment of rising ...
VMware vRealize Suite – a cloud management platform purpose-built for a hybrid cloud. VMware vRealize Hyperic was acquired from SpringSource [143] and subsequently discontinued in 2020. [144] VMware Go is a web-based service to guide users of any expertise level through the installation and configuration of VMware vSphere Hypervisor. [145]
These conditions require VMware's server software to be compatible with local hardware and not restrict customers from using Broadcom's hardware products. Despite concerns over rising China-U.S. tensions, the approval from China, which was the last regulatory hurdle, allowed the deal to proceed. [ 74 ]
VMWare server software should work with local hardware and the deal should not restrict customers from purchasing and using Broadcom's hardware products such as storage adapters, the Chinese ...
The companies did not disclose details regarding China's approval on Monday, but said there was "no legal impediment" to the deal closing under U.S. merger regulations. ... Broadcom has received ...