VMware, Broadcom extend merger close deadline by three months

  • 📰 Reuters
  • ⏱ Reading Time:
  • 11 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 8%
  • Publisher: 97%

Nigeria News News

Nigeria Nigeria Latest News,Nigeria Nigeria Headlines

Cloud computing company VMware Inc and chipmaker Broadcom Inc extended the date by which their $61 billion merger is to be completed by 90 days, according to a regulatory filing on Friday.

extended the date by which their $61 billion merger is to be completed by 90 days, according to a regulatory filing on Friday.The Broadcom-VMware deal was one of the biggest announcements globally in 2022, marking the chipmaker's attempt to diversify into the enterprise software segment.

in February have resumed their investigation and will decide by June 7 whether to clear or block the deal. A Broadcom spokesperson said it was common for acquisitions of this size to extend their deal deadline.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 2. in NG
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

VMWare wasn’t able to stay single or live with IBM, Dell or any virtual container. Now kindling with Broadcom, a confused hardware company. Wait a second, it’s a software company. Never mind it’s a Silicon Valley celebrity hookup!

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

VMware, Broadcom to extend merger date by 12 monthsCloud computing company VMware Inc and chipmaker Broadcom Inc plan to extend the date of their $61 billion potential merger by twelve months, according to a regulatory filing on Friday.
Source: Reuters - 🏆 2. / 97 Read more »