The European Union is preparing to launch an antitrust probe into Broadcom Inc.’s proposed $61 billion acquisition of VMware Inc., according to the Financial Times reported today.
Broadcom is a major chipmaker that supplies processors used in data center switches, Apple Inc.’s iPhone line, and many other devices. The company has also established itself in the business software market in recent years. To accelerate its enterprise software strategy, Broadcom last month signed a deal to buy VMware for $61 billion.
VMware is a leading provider of software for managing data center infrastructure and public cloud environments. The software maker operated as a subsidiary of Dell Technologies Inc. until last November, when it wacky into an independent company. Approximately half a million organizations rely on VMware technology to support their IT operations.
The Financial Times reported today that the EU is planning to suspend Broadcom’s proposed…