VMware staged its partner keynote address during VMware Explore this week, with some new numbers around the company’s big investment in the managed services channel from earlier this year, and plenty enthusiasm from the partner crowd attending the event. Some attendees received travel alerts ahead of the event because of the impending Hurricane Hilary, set … Read more
UK’s CMA approval final legal step in Broadcom’s VMware acquisition The final transaction approval from the United Kingdom’s Competition and Markets Authority follows legal merger clearance in the European Union, as well as in Australia, Brazil, Canada, Israel, South Africa, and Taiwan. “Broadcom continues to work constructively with regulators in other jurisdictions and is in … Read more
anyaberkut/iStock via Getty Images ForgeRock (NYSE:FORG), which is being acquired by Thoma Bravo, rose 2.7%, at least partly likely in sympathy, after VMW’s (VMW) planned $61 billion purchase of Broacom (AVGO) won U.S. antitrust approval. ForgeRock (FORG) shares are gaining as a deadline of either Monday or Tuesday is set to expire with the Department … Read more
A $61 billion Broadcom VMware buyout is on track to close in late October. That’s according to the chipmaker, after the deal was given final clearance by the UK’s Competition watchdog today (August 21) – despite its earlier forceful criticism of the planned buyout, made in March 2023. Hold on to your horses, folks. As … Read more
U.K. regulators gave the green light for Broadcom’s (AVGO) $69 billion purchase of VMware (VMW) on Monday, sending shares of both companies higher in early trading. Key Takeaways The U.K.’s Competition and Markets Authority (CMA) on Monday cleared Broadcom’s $69 billion acquisition of VMware. The deal, first announced in May of last year and initially … Read more
Broadcom’s multi-billion dollar takeover of VMware has cleared another hurdle, having been given the nod by the UK Competition and Markets Authority (CMA) following an in-depth investigation. The clearance follows approval in the EU, as well as Australia, Brazil, Canada, Israel, South Africa, and Taiwan. The company also stated it had foreign investment control clearance … Read more
RESEARCH TRIANGLE PARK – VMware, which has a significant presence in the Triangle, is the latest tech player to partner with IBM as part of a move to give customers more choice when it comes to cloud computing. IBM also recently disclosed an expanded relationship with Microsoft focusing on artificial intelligence. So what’s going on? … Read more
The UK Competition and Markets Authority (CMA) gave its final green light to a proposed $69 billion purchase of VMware by Broadcom, adding to the list of regulators giving their blessings. Explaining its decision, the CMA reiterated its earlier view there were no competition concerns resulting from the transaction, having conducted a two-stage probe on … Read more
In today’s industry news roundup: Pressure mounts on Germany’s telcos to ditch Huawei and ZTE; SK Telecom takes a stake in artificial intelligence contact centre (AICC) developer Persona AI; the UK’s Competition and Markets Authority (CMA) gives its final blessing to the union of Broadcom and VMware; and much more! Deutsche Telekom (DT) and its … Read more
After all the drama, the UK’s competition regulator has given chipmaker Broadcom its unconditional blessing to acquire VMware. However, the merger can still not be considered done and dusted as it faces a potential roadblock from China. The Competition and Markets Authority (CMA) announced on Monday that it has cleared Broadcom’s proposed $69 billion purchase … Read more