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
20 million-year-old whale fossil discovered on Australian beach

Ancient Whale Fossil, Estimated at 20 Million Years Old, Unearthed on Australian Beach

In an extraordinary discovery on an Australian beach, a family vacationing stumbled…
California dad Thomas Simpkins found dead near Levi's Stadium, vanished after Super Bowl party

California Father Thomas Simpkins Discovered Deceased Near Levi’s Stadium After Disappearance Post-Super Bowl Party

A California father who vanished after a Super Bowl Sunday celebration with…
How the Susan Rice snafu cost Netflix on home stretch of Warner Bros. Discovery deal

Netflix Faces Setback in Warner Bros. Discovery Deal Due to Susan Rice Controversy

A variety of factors contributed to Netflix’s decision to withdraw from the…
'America’s Most Wanted' co-host Callahan Walsh reveals what 'sticks out' to him in Nancy Guthrie case

Inside the Nancy Guthrie Case: ‘America’s Most Wanted’ Co-Host Callahan Walsh Uncovers Surprising Details

TUCSON, Ariz. — Callahan Walsh, co-host of the popular true-crime television show…
Asking Eric: Informal music group marred by tone-deaf participant

Discord in Harmony: Tone-Deaf Member Challenges Cohesion of Informal Music Group ‘Asking Eric

Dear Eric: Our circle of friends regularly gathers to enjoy making music…
US, Israel launch attack on Iran after regime refuses to scrap nuclear program: report

US and Israel Strike Iran Amidst Nuclear Program Tensions: Report

In a decisive move early Saturday, the United States and Israel conducted…
LAUSD Sup. is being investigated over connections to Forbes listed start up founder accused of $10m fraud

Investigation Launched Into LAUSD Superintendent’s Ties with Forbes-Listed Startup Founder Accused of $10M Fraud

Alberto Carvalho, the Superintendent of Los Angeles Unified School District, is reportedly…
Trump orders US agencies to stop using Anthropic technology in clash over AI safety

Trump Bans Anthropic AI in Federal Agencies Amid Safety Concerns: A Pivotal Move in US Tech Policy

Just over an hour before the Pentagon’s deadline, former President Donald Trump…
Queens man buries neighbor's car in a mound of snow in act of 'blizzard rage'

Queens Man Unleashes ‘Blizzard Rage’ by Burying Neighbor’s Car in Snow: A Wild Winter Tale

A Queens neighborhood dispute has taken a frosty turn. A man from…
Iran blocking nuclear watchdog from sites hit by US, Israel: report

Report: Iran Restricts Access to Nuclear Sites Following US and Israel Incidents

Iran has blocked international inspectors from accessing three nuclear sites targeted by…
The suspect was caught on camera allegedly spraying the food with poison.

Shocking Footage: Roommate in Gas Mask Caught Allegedly Poisoning Couple’s Meals

A couple from California experienced their worst fear when surveillance footage revealed…
Calabasas Viewpoint school teacher hit with child molestation, child pornography charges

Calabasas Teacher Arrested: Shocking Child Abuse and Pornography Allegations Unveiled

In a troubling case that has sent shockwaves through a prestigious Calabasas…