The Broadcom/VMware SAMR approval is a positive. However, with time running out for the late Dec tender start, the likely scenario is SAMR conditional approval with a delay to tender start. 89 Views22 Nov 2023 21:06 SUMMARY(Sign Up to Access) Sign Up for Free The Smartkarma Preview Pass is your entry to the Independent Investment … Read more
This comes months after Broadcom received regulatory approval to acquire VMware from UK and EU authorities concerned about competition. Broadcom has finally closed its more than $60bn deal to buy VMware, the US cloud computing giant, after getting regulatory approval from China. China was the last major country to approve the deal, which became one … Read more
China’s approval of the Broadcom-VMware merger marks a significant step in the tech world, despite ongoing cybersecurity concerns: GlobalData Source link
The decision comes as China’s State Administration of Market Regulation explores the possibility of extending the review process indefinitely, according to a report by the Financial Times, which cites three anonymous sources familiar with the situation. The move is seen as a response to Washington’s updated export controls, designed to close a loophole that allowed … Read more
South Korea’s Fair Trade Commission has conditionally approved Broadcom’s acquisition of VMware, leaving China as the holdout ahead of the forecast October 30 closing day for the mammoth deal. The Commission on Monday published its decision, which expresses concern that Broadcom’s ownership of VMware could reduce competition for fiber channel host bus adapters (HBAs). The … Read more