Broadcom has successfully concluded its acquisition of VMware for $61 billion, marking one of the largest deals in the technology industry. The closure follows regulatory approvals from various countries, including Australia, Canada, China, the European Union, Japan, and the United Kingdom. Broadcom CEO Hock Tan expressed excitement about the acquisition, stating that it positions Broadcom to provide “best-in-class solutions” for customers and enables them to address complex IT infrastructure challenges. The deal is among the most expensive tech acquisitions in history, following Dell’s $67 billion EMC deal and Microsoft’s $69 billion acquisition of Activision Blizzard. The Chinese regulator approved the acquisition with additional conditions, including compatibility with local hardware and no restrictions on Broadcom’s hardware products.
Source: Broadcom
