Page 3 - Virtualization Software News Today

Broadcom and VMware expect to close their merger Wednesday, though analysts noted that the final approval from China came with conditions.

By Will Feuer Broadcom said its $61 billion takeover of cloud-computing company VMware has been cleared by regulators and will close on Wednesday. The deal,...

As Broadcom and VMware get closer to the merger deadline of November 26, some investors are nervous that the deal will not get done.

Shareholders are hoping that the meeting between President Biden and Chinese President Xi Jinping at the APEC summit in San Francisco this week may provide...

Dublin, Nov. 01, 2023 (GLOBE NEWSWIRE) -- The

Dublin, Oct. 31, 2023 (GLOBE NEWSWIRE) -- The

Chinese regulators have yet to approve the deal.

VMware shares rose to $146.62, above the deal's current value of $142.50 a share in cash.

Shareholders have until Monday to decide whether to get cash or stock for Broadcom’s purchase of the software company.

Both firms have said the deal could be affected by its ability to secure regulatory approvals on the terms expected and in a timely manner.