china

Broadcom boss dismisses notion China could derail VMware buy

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Broadcom boss dismisses notion China could derail VMware buy

Broadcom CEO Hock Tan has dismissed concerns that China could derail the semiconductor giant’s acquisition of VMware. UK authorities recently approved the deal, and US authorities haven’t raised objections within a timeframe that would indicate Uncle Sam intends to halt the transaction ahead of its expected October 31 conclusion. Think it through, read it through … Read more

UK OKs Broadcom buying VMware, but China may yet kill it

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UK OKs Broadcom buying VMware, but China may yet kill it

After all the drama, the UK’s competition regulator has given chipmaker Broadcom its unconditional blessing to acquire VMware. However, the merger can still not be considered done and dusted as it faces a potential roadblock from China. The Competition and Markets Authority (CMA) announced on Monday that it has cleared Broadcom’s proposed $69 billion purchase … Read more