Fidelity and Broadcom Settle Lawsuit Over VMware Software Access
Fidelity Investments and Broadcom have resolved a legal dispute over VMware software access, ensuring uninterrupted service for Fidelity's operations.
Insights:
Fidelity Investments and Broadcom Inc. have reached a settlement agreement, effectively resolving a contentious legal dispute that threatened to disrupt operations at one of the world's largest asset managers. Announced on January 23, 2026, the settlement puts to rest a lawsuit filed by Fidelity in November 2025 in a Massachusetts state court. The lawsuit arose after Broadcom, following its acquisition of VMware in 2023, attempted to terminate Fidelity's access to VMware virtualization software, which has been a cornerstone of Fidelity's operations since 2005.
