Semiconductor supplier Broadcom has completed its $69 billion purchase of VMware.
It follows clearance from regulators around the world, including the European Commission and the UK’s Competition and Markets Authority (CMA).
The final clearance came from China amid concerns that any decision could be impacted by tensions between China and the United States. However, any such fears were removed following last week’s meeting between Presidents Joe Biden and Xi Jinping.
“We are excited to welcome VMware to Broadcom and bring together our engineering-first, innovation-centric teams as we take another important step forward in building the world’s leading infrastructure technology company,” said Hock Tan, President and Chief Executive Officer of Broadcom.
Both Broadcom and VMware are US companies. Broadcom is responsible for the design, development and supply of semiconductor chips, while VMware allows a virtual computer on a physical computer to increase the efficiency within computer systems.
