Broadcom (AVGO): A Stealth AI Chipmaker Reports Earnings
The integration of VMware got a lot of attention in Broadcom’s fourth-quarter earnings release, despite having no impact on the results. Source link
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Broadcom and VMWare Say $61 Billion Deal Will Close ‘Soon’
Broadcom Inc. said on Monday that it expects its $61 billion deal to buy software maker VMware Inc. to close before a November deadline, working to reassure investors amid concerns that a slowdown in China’s review process could quash the deal. Broadcom and VMware didn’t say how close they might be to an approval from … Read more
UK competition regulator clears US chipmaker Broadcom’s £54bn deal for VMware
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