Broadcom extends deadline to buy VMware

Cloud computing company VMware and chipmaker Broadcom have extended the date to close their $61 billion merger by 90 days.
VMware at Mobile World Congress
The new outside date for the deal is May 26, a regulatory filing said.

The Broadcom-VMware deal was one of the biggest announcements in 2022, marking the chipmaker’s attempt to diversify into the enterprise software segment.

Britain’s competition regulator in January said it started the first phase of an investigation into the acquisition.

EU antitrust regulators in February have resumed their investigation and will decide by June 7 whether to clear or block the deal.

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