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
Ex-NYPD cop convicted of perjury for lying about circumstances of 2009 Bronx shooting

Former NYPD Officer Found Guilty of Perjury in Controversial 2009 Bronx Shooting Case

A former officer of the NYPD was convicted of perjury on Friday,…
Texas substitute teacher accused of improper relationship with student, alarming parents

Shocking Allegations: Texas Substitute Teacher Under Investigation for Inappropriate Student Relations

In a troubling case from Texas, authorities have arrested a former substitute…
Texas Department of State Health Services finds Camp Mystic emergency plan insufficient

Texas Department of State Health Services Identifies Deficiencies in Camp Mystic’s Emergency Preparedness Plan

The Texas Department of State Health Services has alerted Camp Mystic in…
Forensic genealogy unmasks cold case suspect as strangler, sexual predator decades later: officials

Breakthrough in Cold Case: Forensic Genealogy Identifies Decades-Old Strangler and Sexual Predator

Decades after DNA evidence emerged in two chilling Massachusetts cases—a murder in…
UC Berkeley slammed after anti-Israel group hosts failed suicide bomber as guest event speaker: 'cesspool'

UC Berkeley Faces Backlash Over Controversial Event Featuring Former Failed Suicide Bomber as Speaker

The University of California, Berkeley’s law school recently hosted a Palestinian Political…
Iran has 'open window' to negotiate, but 'clock is not on their side,' Pete Hegseth says

Pete Hegseth: Iran Faces Time-Sensitive Opportunity for Diplomatic Negotiations

Secretary of War Pete Hegseth recently addressed the potential for negotiations with…
Lefty senate candidate Graham Platner argues that US should be 'far more cooperative' with China on climate change issues

Left-Wing Senate Hopeful Graham Platner Advocates for Enhanced US-China Climate Collaboration

Maine Democrat Graham Platner has pledged to enhance relations with China should…
Millionaire big game hunter, 75, trampled to death by five elephants while eyeing his next kill in Africa

Tragic End: 75-Year-Old Wealthy Hunter Loses Life in Elephant Encounter in Africa

CAPE TOWN, South Africa — In a tragic turn of events, a…
Man charged after allegedly kicking at airline staff, biting passenger on Australian-bound flight

Man Faces Charges for Alleged Assault on Australian-Bound Flight, Involving Airline Staff and Fellow Passenger

A 45-year-old man from Queanbeyan faces charges following an incident on a…
JetBlue's new boarding process could make delays even worse, travelers fear

Could JetBlue’s New Boarding Process Be a Recipe for Travel Chaos?

JetBlue is set to introduce a revamped “intuitive” boarding procedure, but some…
Eerie photos of abandoned Chernobyl plant show lights still glowing on nuclear control panel

Chilling Images Reveal Lights Still Shining in Abandoned Chernobyl Control Room

It’s like stepping into a time capsule. Haunting images of the notorious…
Three alleged Antifa-linked protesters indicted in Atlanta police training center contractor firebombing

Explosive Charges: Trio with Alleged Antifa Ties Indicted for Atlanta Police Center Firebombing

In a significant legal development, three protesters with alleged affiliations to Antifa…