Deal

Broadcom Secures UK Competition Regulatory Approval for VMware Deal

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Broadcom Secures UK Competition Regulatory Approval for VMware Deal

Broadcom Inc. specializes in designing, developing, and selling analog components and sub-systems, with mixed and optoelectronic signals. The group’s products include power amplifiers, radio-frequency filters, encoders, optocouplers, fiber-optic transmitters and receivers, etc. Net sales break down by market between semiconductors (77.8%) and infrastructures (22.2%). Net sales are distributed geographically as follows: Americas (20.9%), Asia/Pacific (67.8%), … Read more

Broadcom (NASDAQ: AVGO) Confirms Regulatory Nods for VMware Deal – TipRanks.com

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Broadcom (NASDAQ: AVGO) Confirms Regulatory Nods for VMware Deal – TipRanks.com

Cloud computing and virtualization technology company Broadcom (NASDAQ: AVGO) provided a regulatory update on Monday regarding its $61 billion acquisition of VMware (NYSE: VMW), which is expected to close on October 30 this year. The company stated that its proposed acquisition of VMW has received regulatory approval from the UK’s Competition and Markets Authority (CMA). The acquisition … Read more

Broadcom $61bn VMware deal to go ahead after CMA approval

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Broadcom bn VMware deal to go ahead after CMA approval

UK’s CMA approval final legal step in Broadcom’s VMware acquisition The final transaction approval from the United Kingdom’s Competition and Markets Authority follows legal merger clearance in the European Union, as well as in Australia, Brazil, Canada, Israel, South Africa, and Taiwan. “Broadcom continues to work constructively with regulators in other jurisdictions and is in … Read more

Buckle up: $61 billion VMware acquisition a done deal by October 30, says Broadcom

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Buckle up: billion VMware acquisition a done deal by October 30, says Broadcom

A $61 billion Broadcom VMware buyout is on track to close in late October. That’s according to the chipmaker, after the deal was given final clearance by the UK’s Competition watchdog today (August 21) – despite its earlier forceful criticism of the planned buyout, made in March 2023. Hold on to your horses, folks. As … Read more

UK clears Broadcom’s $69 billion deal to buy VMware

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UK clears Broadcom’s billion deal to buy VMware

(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