Broadcom plans to close $69 billion VMWare deal on Wednesday

Technology

April 26, 2024

Reuters - Reuters

(Reuters) - Broadcom said it plans to close its $69 billion deal for cloud computing firm VMWare on Wednesday.

Broadcom added that it has now received all required regulatory approvals for the purchase after China's market regulator approved the acquisition with additional restrictive conditions earlier on Tuesday.

(Reporting by Zaheer Kachwala in Bengaluru; Editing by Shounak Dasgupta)

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