Broadcom Successfully Completes $69 Billion Acquisition of VMware
In a landmark deal, computer chipmaker Broadcom has finalized its $69 billion acquisition of cloud computing firm VMware, marking one of the largest takeover transactions in the technology sector. This acquisition underwent rigorous scrutiny from global regulators, with the final clearance granted by Chinese authorities following a meeting between Presidents Joe Biden and Xi Jinping at the APEC summit in the US last week. The completion of the deal positions Broadcom, headquartered in San Jose, California, as a key player...