Broadcom, a global technology company that designs, develops and supplies semiconductor and infrastructure software solutions, completed the acquisition of VMware, an innovator in enterprise software, from Silver Lake, a private equity firm, for $69bn. "We are excited to welcome VMware to Broadcom and bring together our engineering-first, innovation-centric teams as we take another important step forward in building the world's leading infrastructure technology company. With a shared focus on customer success, together we are well positioned to enable global enterprises to embrace private and hybrid cloud environments, making them more secure and resilient. Broadcom has a long track record of investing in the businesses we acquire to drive sustainable growth, and that will continue with VMware for the benefit of the stakeholders we serve," Hock Tan, Broadcom President and CEO.