Top

UK clears Broadcom’s $69 billion deal to buy VMware

By Aby Jose Koilparambil

(Reuters) – UK’s competition regulator said on Monday it has cleared U.S. tech company Broadcom‘s $69 billion purchase of VMware, following an in-depth phase-2 probe.

The Competition and Markets Authority (CMA) in July provisionally cleared the deal, saying it would not weaken competition in the supply of critical computer server products.

UK clears Broadcom's $69 billion deal to buy VMware
A smartphone with a displayed Broadcom logo is placed on a computer motherboard in this illustration taken March 6, 2023. REUTERS/Dado Ruvic/Illustration/File Photo