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Fidelity Sues Broadcom Over Virtualization Software Access Threat

11/19/2025

Summary

Story summary

Fidelity Technology Group filed a lawsuit in Suffolk County Superior Court against Broadcom, alleging Broadcom threatens to cut off access to virtualization software.
Broadcom, which acquired VMware in 2023, refused to renew the subscription and pressed for a more expensive bundle, extending access until January 21.
The suit warns that losing the software could cause outages and trading disruptions, affecting 50 million customers and $17.5 trillion in assets.

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Story summary

Fidelity Technology Group filed a lawsuit in Suffolk County Superior Court against Broadcom, alleging Broadcom threatens to cut off access to virtualization software.
Broadcom, which acquired VMware in 2023, refused to renew the subscription and pressed for a more expensive bundle, extending access until January 21.
The suit warns that losing the software could cause outages and trading disruptions, affecting 50 million customers and $17.5 trillion in assets.