Broadcom(NASDAQ: AVGO) said it planned to close its $69 billion acquisition of cloud computing firm VMWare(NYSE: VMW) today, wrapping up one of the biggest takeover deals in the technology industry that was closely scrutinized by regulators globally.

After China approved the acquisition with additional restrictive conditions earlier on Tuesday, the chipmaker Broadcom has now received all regulatory approvals for the purchase. This includes legal merger clearance in Australia, Brazil, Canada, China, the European Union, Israel, Japan, South Africa, South Korea, Taiwan, the United Kingdom, and foreign investment control clearance in all necessary jurisdictions. Therefore, there is no legal impediment to closing under U.S. merger regulations.

About Broadcom

Broadcom, a Delaware corporation headquartered in San Jose, CA, is a global technology leader that designs, develops and supplies a broad range of semiconductor and infrastructure software solutions. Broadcom's category-leading product portfolio serves critical markets including data center, networking, enterprise software, broadband, wireless, storage and industrial. Our solutions include data center networking and storage, enterprise, mainframe and cybersecurity software focused on automation, monitoring and security, smartphone components, telecoms and factory automation.

About VMware

VMware is a leading provider of multi-cloud services for all apps, enabling digital innovation with enterprise control. As a trusted foundation to accelerate innovation, VMware software gives businesses the flexibility and choice they need to build the future. Headquartered in Palo Alto, California, VMware is committed to building a better future through the company's 2030 Agenda. 

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