Share this @internewscast.com

SAN JOSE, California — Computer chip and software maker Broadcom has announced it has cleared all regulatory hurdles and plans to complete its $69 billion acquisition of cloud technology company VMware on Wednesday.

The company, based in San Jose, California, announced the plan after China joined the list of countries that had given a go-ahead for the acquisition.

Broadcom wants to establish a stronger foothold in the cloud computing market, and VMware’s technology allows large corporations to blend public cloud access with internal company networks. VMware has close relations with every major cloud company and provider, including Amazon, Google and Microsoft.

Broadcom said it had legal greenlights in Australia, Brazil, Canada, China, the European Union, Israel, Japan, South Africa, South Korea, Taiwan, the United Kingdom, and “foreign investment control clearance in all necessary jurisdictions.”

“There is no legal impediment to closing under U.S. merger regulations,” it said.

Share this @internewscast.com
You May Also Like
19-year-old charged with attempted murder of coworker at Oceanway McDonald's

Teenager Faces Serious Charges After Incident at Oceanway McDonald’s

In a troubling incident at a McDonald’s on N. Main Street, Jacksonville,…
Two students found dead in vehicle at university parking lot in Ohio

Tragic Discovery: Two Students Found Deceased in Ohio University Parking Lot

Two students were tragically discovered deceased inside a car at Franciscan University,…
Border Patrol chief targeted in alleged murder-for-hire plot focused on Snapchat messages

Border Patrol Chief Allegedly Targeted in Snapchat-Based Murder-for-Hire Scheme

A federal jury is currently deliberating on a case involving a Chicago…
Cause of death released for chess grandmaster who died at age 29

Tragic Loss: Chess Grandmaster Passes at 29, Cause of Death Revealed

Over the past few years, Daniel Naroditsky expanded his fanbase significantly through…
Luigi Mangione case: If stalking and assault aren’t ‘crimes of violence,’ death penalty vanishes

Legal Definition Debate: Stalking and Assault’s Impact on Luigi Mangione Death Penalty Case

Luigi Mangione’s legal battle might be significantly influenced by a recent federal…
DHS alleges criminal illegal alien 'rammed law enforcement' in California operation, agent fired weapon

DHS Reports Incident in California: Suspect Allegedly Hit Officers, Prompting Agent to Discharge Weapon

An incident unfolded in southern California on Wednesday when a federal agent…
Ghislaine Maxwell to testify before House committee investigating handling of Epstein case

Ghislaine Maxwell Set to Speak Before Congressional Panel on Epstein Case Handling

Ghislaine Maxwell, long associated with the scandalous figure Jeffrey Epstein, is set…
Frey: There's 'Moral Imperative' to Not Cooperate with Feds on Immigration Enforcement Work

Why Frey Believes Defying Federal Immigration Enforcement is a Moral Duty

In a recent interview on NewsNation’s “Cuomo,” Minneapolis Mayor Jacob Frey made…
Connecticut snowplow driver admits to using cocaine before wild crash

Connecticut Snowplow Driver Confesses to Cocaine Use Prior to Chaotic Crash

A Connecticut snowplow driver has admitted to using cocaine before causing extensive…
Nanny affair case turns emotional as alleged killer husband watches bodycam video

Emotional Tensions Rise as Accused Husband Faces Bodycam Footage in Nanny Affair Murder Trial

Brendan Banfield was visibly emotional in court on Wednesday as jurors reviewed…
Testimony wraps up in trial of Chicago man Juan Espinoza-Martinez, accused of putting hit on Border Patrol Chief Gregory Bovino

Testimony Concludes in Trial of Chicago Resident Juan Espinoza-Martinez, Accused of Ordering Hit on Border Patrol Chief Gregory Bovino

In a short-lived trial unfolding in Chicago, the case of a man…
Jealous Texas woman allegedly launches 25-pound gym weight at romantic rival in fitness center

Texas Gym Drama: Jealous Woman Allegedly Hurls 25-Pound Weight at Rival Amid Heated Confrontation

A woman fueled by jealousy has been taken into custody after allegedly…