SAN JOSE, California (AP) — Computer chip and software maker Broadcom has announced it has cleared all regulatory hurdles and plans to complete its $69 billion acquisition of cloud technology company VMware on Wednesday. The company, based in San Jose, California, announced the plan after China joined the list of countries that had given a go-ahead for the acquisition. The announcement came soon after Microsoft acquired video game-maker Activision Blizzard for $69 billion, in one of the most expensive tech acquisitions in history. It took 18 months for Broadcom to get all the regulatory approvals. The massive buyouts are occurring at a time of heightened anxiety because of turmoil
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