US Broadcom cleared by UK regulator to acquire VMware in $69b deal.

US Broadcom cleared by UK regulator to acquire VMware in $69b deal.

Following an extensive phase-2 investigation, the UK’s competition watchdog announced on Monday that it had approved the $69 billion acquisition of VMware by American tech company Broadcom.

The merger was given a preliminary go-light by the Competition and Markets Authority (CMA) in July after it was determined that it would not reduce competition in the market for vital computer server equipment.

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