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Broadcom on Wednesday closed its $69 billion acquisition of cloud-computing firm VMware after receiving regulatory approval in last major market China and ending a months-long saga. The deal, one ...
Broadcom reported $33 billion in revenue for its last fiscal year, approximately 35% of which came from sales to China and Hong Kong. VMWare generated $12.9 billion in its last fiscal year. The ...
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 ...
VMware Workstation, introduced in 1999, was the first product launched by VMware. This software suite allows users to run multiple instances of x86 or x86-64 -compatible operating systems on a single physical personal computer. Version 17.0 was released on November 17, 2022.
At a $16 billion run rate, that would mean Broadcom may generate $12 billion in operating profit from VMware by next year, after only paying $69 billion for the company -- a massive return on ...
(Reuters) - U.S. chipmaker Broadcom expects its $69 billion buyout of cloud-computing firm VMware to close before the November deadline, the companies said on Monday, amid investor concerns about ...
LONDON (Reuters) -Britain's competition regulator provisionally cleared U.S. tech company Broadcom's $69 billion purchase of VMware on Wednesday, saying the deal would not weaken competition in ...
Shares of VMware fell 7.5% in premarket trading on worries of China delaying deal approval.VMWare and Broadcom did not immediately respond to Reuters requests for comment. China's SAMR could not ...