Broadcom’s acquisition of VMware gains conditional approval from Korean FTC By Investing.com

Broadcom’s acquisition of VMware gains conditional approval from Korean FTC By Investing.com

© Reuters. Broadcom (NASDAQ:) Inc.’s multi-billion-dollar acquisition of VMware (NYSE:) Inc. has received conditional approval from the Korea Fair Trade Commission (FTC) due to concerns over potential disruption to fair competition. The deal, worth $61 billion, saw the FTC emphasizing VMware’s dominance in the server virtualization software ecosystem and its control over interoperability certifications for … Read more

Broadcom’s acquisition of VMware gains conditional approval from Korean FTC By Investing.com

Broadcom’s acquisition of VMware gains conditional approval from Korean FTC By Investing.com

© Reuters. Broadcom (NASDAQ:) Inc.’s multi-billion-dollar acquisition of VMware (NYSE:) Inc. has received conditional approval from the Korea Fair Trade Commission (FTC) due to concerns over potential disruption to fair competition. The deal, worth $61 billion, saw the FTC emphasizing VMware’s dominance in the server virtualization software ecosystem and its control over interoperability certifications for … Read more

Broadcom’s acquisition of VMware gains conditional approval from Korean FTC By Investing.com

Broadcom’s acquisition of VMware gains conditional approval from Korean FTC By Investing.com

© Reuters. Broadcom (NASDAQ:) Inc.’s multi-billion-dollar acquisition of VMware (NYSE:) Inc. has received conditional approval from the Korea Fair Trade Commission (FTC) due to concerns over potential disruption to fair competition. The deal, worth $61 billion, saw the FTC emphasizing VMware’s dominance in the server virtualization software ecosystem and its control over interoperability certifications for … Read more

VMWare (NYSE:VMW) Gains, Broadcom (NASDAQ:AVGO) Retracts With News on China Deal – TipRanks.com

VMWare (NYSE:VMW) Gains, Broadcom (NASDAQ:AVGO) Retracts With News on China Deal – TipRanks.com

There’s big news afoot for chip stock Broadcom (NASDAQ:AVGO) as it moves to purchase cloud computing stock VMWare (NYSE:VMW). More specifically, word has emerged about China’s stance on the deal, and it was enough to send VMWare stock heading upward, while Broadcom stock pulled back fractionally in Wednesday afternoon’s trading. China’s stance focused mainly on … Read more

VMware Cloud gains faster ransomware recovery, expanded management capabilities

VMware Cloud gains faster ransomware recovery, expanded management capabilities

VMware announced a raft of improvements to its VMware Cloud platform at this week’s VMware Explore conference in Las Vegas. Previously, VMware’s on-premises private cloud solution, VMware Cloud Foundation, and its public cloud offerings were managed separately. Now, enterprises will be able to manage all their cloud deployments from a single location. In addition, customers … Read more

ForgeRock gains amid HSR approval for VMware/Broadcom

ForgeRock gains amid HSR approval for VMware/Broadcom

anyaberkut/iStock via Getty Images ForgeRock (NYSE:FORG), which is being acquired by Thoma Bravo, rose 2.7%, at least partly likely in sympathy, after VMW’s (VMW) planned $61 billion purchase of Broacom (AVGO) won U.S. antitrust approval. ForgeRock (FORG) shares are gaining as a deadline of either Monday or Tuesday is set to expire with the Department … Read more