Broadcom Gets EU Antitrust Approval on VMware Acquisition Deal

[ad_1] US chipmaker Broadcom secured EU antitrust approval on Wednesday for its $61 billion (nearly Rs. 5,00,300 crore) proposed acquisition of cloud computing firm VMware after offering remedies to help rival Marvell Technology. The deal, Broadcom’s largest ever, will help the chipmaker diversify into enterprise software. Broadcom offered Marvell and other rivals interoperability commitments related … Read more

Broadcom Said to Gain Conditional EU Antitrust Approval for VMware Deal

[ad_1] US chipmaker Broadcom is set to gain conditional EU antitrust approval for its $61 billion (nearly Rs. 5,03,000 crore) proposed acquisition of cloud computing firm VMware, people familiar with the matter said, sending its shares up by almost 5 percent. The European Commission’s clearance is tied to remedies relating to Broadcom’s interoperability with rivals … Read more