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
(Reuters) – 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. The Competition and Markets Authority (CMA) in July provisionally cleared the deal, saying it would not weaken competition in the supply of critical computer server products. (Reporting by Aby Jose … Read more
Credit: Shutterstock The UK’s Competition and Markets Authority Monday approved the proposed $61 billion megamerger between Broadcom and VMware, saying that the deal would not substantially affect innovation or harm… Source link