Broadcom Will Close Its Acquisition of VMware This Week

The companies announced today that the $69 billion deal received its final regulatory approval.

Published on Nov. 21, 2023
Broadcom Will Close Its Acquisition of VMware This Week
Broadcom logo on its marquis outside company headquarters in San Jose, California.
Image: Shutterstock

Broadcom Inc. and VMware, Inc. announced today that they’ve received all necessary regulatory approvals and plan to close Broadcom’s $69 billion acquisition of VMware on November 22, 2023. The companies initially announced the acquisition in May 2022. 

Broadcom is a global technology company that provides semiconductor and infrastructure software solutions, while VMware is a provider of multi-cloud services. Broadcom has obtained legal merger clearance in Australia, Brazil, Canada, China, the European Union, Israel, Japan, South Africa, South Korea, Taiwan and the United Kingdom. There are no legal obstacles to closing the deal under U.S. merger regulations.

This article was written by Writer, a generative AI tool, using information from press releases and company blogs provided by our staff. All content was reviewed by a Built In editor and went through a fact-checking process to ensure accuracy. Errors can be reported to our team at [email protected].

Hiring Now
Adyen
Fintech • Payments • Financial Services