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‘Switzerland of technology’ eyes a future in ‘sovereign’ cloud, private AI

But first, it needs Beijing’s nod for its $83.7 billion merger with semiconductor maker Broadcom

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Mr Rangarajan ‘Raghu’ Raghuram has been Chief Executive Officer of VMware since 2021.

Mr Rangarajan "Raghu" Raghuram has been chief executive of VMware since June 2021.

ST PHOTO: NG SOR LUAN

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These are tense days at Palo Alto-based VMware as geopolitical headwinds swirl across the Pacific between the United States and China. 

Shares of the virtualisation software firm, which had soared this past year, fell back some 16 per cent last week on worries that Chinese regulators, angered by America’s toughened rules on semiconductor shipments to China, will decline, or damagingly delay, approval for its

US$61 billion (S$83.7 billion) merger with Broadcom,

a maker of semiconductors. The Financial Times, citing industry sources, said Beijing may extend the review process indefinitely until both sides give up the deal. 

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