(Tiper Stock Exchange) – broadcoma US technology company that designs, develops and delivers semiconductor and infrastructure software solutions, continues to work constructively with regulators on its acquisition of vmware and is in the advanced stages of the process of obtaining the rest regulatory approvals requiredwhich Broadcom believes will be received before October 30, 2023.
It reads in a note that follows the approval by the Competition and Markets Authority (CMA) of the United Kingdom of the$69 billion acquisition of VMware by Broadcom.
That is follows legal clearance of the merger in the European Union, as well as Australia, Brazil, Canada, Israel, South Africa and Taiwan, and foreign investment control clearance in all necessary jurisdictions. In the US, the Hart-Scott-Rodino pre-merger waiting periods have expired and there is no legal impediment to closing under US merger laws.