Despite a slowing growth rate, chip giant Broadcom (NASDAQ:) has managed to outperform most of its peers in the semiconductor industry. The company reported a 5% year-over-year increase in revenue to $8.88 billion for the fiscal third quarter of 2023, ending in July. This is, however, a deceleration from the 8% growth witnessed in the … Read more
Each week on theCUBE podcast, industry analysts John Furrier (pictured, left) and Dave Vellante (right) extract the signal from the noise, and this week, they did it live on location at VMware Explore 2023. It was a chance to analyze VMware Inc.’s strategies as it closes out the biggest chapter in company history, according to … Read more
VMware, Inc. is a provider of multi-cloud services for all apps that enables digital with enterprise control. Its multi-cloud portfolio, spanning application modernization, cloud management, cloud infrastructure, networking, security and anywhere workspaces, forms a digital foundation on which customers can build, run, manage, connect and protect their workloads. The Company’s products within its application modernization … Read more
VMware Explore has often been seen as more of a business-focused event, where new developments to existing products/solutions are showcased. However, there’s an underlying developer focus of late, especially in relation to VMware Inc.’s Tanzu, the company’s cloud-native application platform for accelerated operations, development and delivery across clouds. But with the Broadcom Inc. acquisition looming and … Read more
UK’s competition regulator said on Monday it has cleared U.S. tech company Broadcom’s $69 billion purchase of VMware , following an in-depth phase-2 probe. Source link
The UK’s Competition and Markets Authority (CMA) on Monday approved US-based hardware company Broadcom’s $61 billion purchase of desktop virtualization software provider VMware following an in-depth investigation. London, Aug 21 (IANS) The UK’s Competition and Markets Authority (CMA) on Monday approved US-based hardware company Broadcom’s $61 billion purchase of desktop virtualization software provider VMware following … Read more
The UK’s competition watchdog has cleared the largest deal in its history as it said that the tie-up of US companies Broadcom and VMware would not damage UK competition. The 69 billion dollar (£54 billion) deal – the largest the Competition and Markets Authority (CMA) has ever investigated – raises “no competition concerns”, the regulator … Read more
Broadcom’s $69bn acquisition of VMware was given the nod by UK regulators on Monday, as the Competition and Markets Authority (CMA) issued its final decision after an intensive phase two investigation into the deal. The CMA previously raised concerns during its phase one investigation about the potential implications the merger could have on competition within … Read more
The UK Competition & Markets Authority has cleared Broadcom Inc’s planned acquisition of VMware Inc, after an in-depth phase 2 investigation. Broadcom, a… Source link
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