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.

Facebook20.00k
Twitter60.00k
100.00k
Instagram500.00k
600.00k