korean

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

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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

by
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

S. Korean regulator gives conditional nod to Broadcom's purchase of VMware | Yonhap News Agency

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S. Korean regulator gives conditional nod to Broadcom's purchase of VMware | Yonhap News Agency

SEOUL, Oct. 23 (Yonhap) — South Korea’s antitrust regulator said Monday it has decided to give conditional approval to U.S. chipmaker Broadcom Inc.’s purchase of software firm VMware Inc. on concerns the deal may hinder fair competition in the market. The announcement came after Broadcom announced its plan to purchase all of the shares in … Read more

Broadcom planned purchase of VMware gets South Korean approval – report (NASDAQ:AVGO)

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Broadcom planned purchase of VMware gets South Korean approval – report (NASDAQ:AVGO)

Sundry Photography/iStock Editorial via Getty Images Broadcom’s (NASDAQ:AVGO) planned purchase of VMware (NYSE:VMW) received approval from South Korea. The purchase of VMware (VMW) received approval from South Korea’s Fair Trade Commission, according to a Bloomberg report on Friday, which cited a Broadcom (AVGO) spokesperson. Broadcom (AVGO) reiterated that it expects to close the VMware deal … Read more