The file "vigembussetup116116exe" seems to be associated with the installation of a device driver, likely for a virtual bus. This kind of driver is often used to enable communication between a computer and a device that doesn't use a standard connection method.
: Supports Windows 7, 8.1, and 10 (both 32-bit and 64-bit). vigembussetup116116exe link
Unless you have a specific reason to remove the Vigembussetup116116exe file, it's not necessary to delete it. The file is a setup program that installs the VIGEM software, and removing it won't affect the functionality of the VIGEM driver. vigembussetup116116exe link