VMware

Broadcom confident VMware deal to close despite China review

BROADCOM and software maker VMware said their US$61 billion merger is on track to close before a November deadline, working to reassure investors while China drags out its review of the deal.

Broadcom would acquire VMware in a deal consisting of US$61 billion in equity and the rest in debt, the chipmaker’s biggest and boldest bid to diversify its business into enterprise software.

Beijing weighs delaying approval of US$69 billion Broadcom-VMware deal: FT

BEIJING is weighing holding up US chipmaker Broadcom’s US$69 billion purchase of cloud computing company VMware, the Financial Times reported on Thursday (Oct 19).

US regulators have not yet weighed in on the tie-up, but the European Union’s antitrust arm approved the deal in July, with the firms agreeing to a set of remedies.

Broadcom’s US$61 billion VMware deal cleared by UK

Broadcom’s US$61 billion takeover of VMware was cleared by the UK’s antitrust watchdog, paving the way for one of the largest-ever tech deals.