Broadcom (NASDAQ:AVGO) has been questioned by regulators in Europe over licensing for its VMware cloud computing unit after several users on the continent complained. Shares were fractionally higher in mid-afternoon trading. “The (European) Commission has received information suggesting that Broadcom is changing the conditions of VMware’s software … Source link
JHVEPhoto Broadcom (NASDAQ:AVGO) has been questioned by regulators in Europe over licensing for its VMware cloud computing unit after several users on the continent complained. Shares were fractionally higher in mid-afternoon trading. “The (European) Commission has received information suggesting that Broadcom is changing the conditions of VMware’s software licensing and support,” a spokesperson for the … Read more
SAN JOSE, California (AP) — Computer chip and software maker Broadcom has announced it has cleared all regulatory hurdles and plans to complete its $69 billion acquisition of cloud technology company VMware on Wednesday. The company, based in San Jose, California, announced the plan after China joined the list of countries… Source link
Shares of VMware Inc. VMW, -10.14% slumped 10% Thursday following a news report that the Chinese government could block Broadcom Inc.’s AVGO, -0.83% planned $69 billion acquisition of VMware. Chinese regulators are considering whether to delay approval of the megadeal, according to a report in The Financial Times Thursday. Opposition is considered a response to … Read more
Cloud software stock Broadcom (NASDAQ:AVGO) has been in pursuit of VMware (NYSE:VMW) for quite some time now. For a while, it looked like the end of the road was near, as the various competition authorities went over this deal with a fine-toothed comb, as they have with so many others of late. But just when … Read more
Cloud News Mark Haranas August 21, 2023, 10:42 AM EDT Broadcom says it is now set to acquire VMware for $61 billion on Oct. 30, 2023, after the deal received the green light from UK regulators Monday.
U.K. regulators gave the green light for Broadcom’s (AVGO) $69 billion purchase of VMware (VMW) on Monday, sending shares of both companies higher in early trading. Key Takeaways The U.K.’s Competition and Markets Authority (CMA) on Monday cleared Broadcom’s $69 billion acquisition of VMware. The deal, first announced in May of last year and initially … Read more