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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 ...
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 ...
The chipmaker has now received all regulatory approvals for the purchase after China approved the acquisition with additional restrictive conditions earlier on Tuesday, it said. VMWare server ...
Broadcom has received legal merger clearance in Australia, Brazil, Canada, Broadcom expects $69 billion VMware deal to close before November deadline Skip to main content
In May 2022, Broadcom announced an agreement to acquire VMware in a cash-and-stock transaction valued at $69 billion. The acquisition was closed on November 22, 2023. The acquisition was closed on November 22, 2023.
The company stated that this had been planned as an eventuality prior to the Broadcom acquisition. [58] In February 2024 private equity firm KKR and Broadcom agreed for KKR to acquire Broadcom's End-User Computing (EUC) Division, formerly a division of VMware, for about $4 billion. [59]
LONDON (Reuters) -Britain's competition regulator provisionally cleared U.S. tech company Broadcom's $69 billion purchase of VMware on Wednesday, saying the deal would not weaken competition in ...
Broadcom said in May 2022 it would acquire VMware in a deal consisting of $61 billion in equity and the rest in debt, the chipmaker's biggest and boldest bid to diversify its business into ...