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$61-billion VMware deal: Broadcom to get warning from regulators

The EU competition enforcer, which will decide on the deal by June 7

Broadcom offers $105 bn for Qualcomm in landmark deal
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Reuters Brussels
US chipmaker Broadcom is set to receive an European Union (EU) antitrust warning about the possible anti-competitive effects of its proposed $61 billion bid for cloud computing company VMware in the coming weeks, sources said.

The European Commission opened an investigation in December, saying the deal, announced last year, would allow Broadcom to restrict competition in the market for certain hardware components which interoperate with VMware’s software. The EU competition enforcer, which will decide on the deal by June 7, declined to comment. The Commission will set out its concerns in a statement of objections, the sources said. 

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First Published: Feb 27 2023 | 10:38 PM IST

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