Broadcom’s acquisition of VMware gains conditional approval from Korean FTC By Investing.com

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Broadcom (NASDAQ:) Inc.’s multi-billion-dollar acquisition of VMware (NYSE:) Inc. has received conditional approval from the Korea Fair Trade Commission (FTC) due to concerns over potential disruption to fair competition. The deal, worth $61 billion, saw the FTC emphasizing VMware’s dominance in the server virtualization software ecosystem and its control over interoperability certifications for parts manufactured by Broadcom’s competitors.

VMware, a prominent player in…



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