"Under the terms of the settlement, the Company has agreed to pay a civil monetary penalty of $8 million without admitting or denying the SEC's findings, which relate to the Company's disclosures," said VMware, which has agreed to be acquired by Broadcom in a $61 billion deal it hopes will close next year. "The SEC's findings do not include any findings that the Company failed to comply with generally accepted accounting principles. The SEC staff has confirmed that it does not intend to recommend enforcement action against any current or former VMware officers or other member of management in connection with the investigation, and this settlement concludes the matter.