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Broadcom Inc. specializes in designing, developing, and selling analog components and sub-systems, with mixed and optoelectronic signals. The group’s products include power amplifiers, radio-frequency filters, encoders, optocouplers, fiber-optic transmitters and receivers, etc. Net sales break down by market between semiconductors (77.8%) and infrastructures (22.2%). Net sales are distributed geographically as follows: Americas (20.9%), Asia/Pacific (67.8%), … 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
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