VMware, Broadcom extend merger close deadline by three months

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.

The new “outside date” for the deal is May 26, the filing said.

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.

Broadcom’s move comes as regulators worldwide ramp up scrutiny of deals by Big Tech.