UK launches official investigation into Broadcom-VMware acquisition
The UK market regulator (CMA) launched an official investigation into the acquisition of VMware. Broadcom wants to buy the firm for $61 billion, but regulators fear the deal may thwart competitors.
The CMA first voiced concerns about the acquisition in November 2022. The regulator launched a pr... Read more
‘Apple wants to replace key Broadcom chips with own designs’
Apple plans to replace third-party processors from Broadcom and Qualcomm with proprietary designs, Bloomberg reports based on insider sources.
According to Bloomberg, the tech giant plans to start phasing out Broadcom's wifi and bluetooth processors from 2025. Apple reportedly won't touch Broad... Read more
European Commission investigates Broadcom’s acquisition of VMware
The European Commission will investigate whether Broadcom's acquisition of VMware affects competition. Among other things, the regulator wants to assess whether VMware remains compatible with processors from other suppliers.
Many of the network devices in the datacenters running VMware's softwar... Read more
Broadcom faces full-scale EU investigation of $61B VMware acquistion
Broadcom's proposed $61 billion VMware acquisition is under fresh scrutiny. People familiar with the matter told Reuters that EU antitrust watchdogs are gearing up to open a full-scale probe into the deal.
The proposed acquisition is the world's second-largest this year. Broadcom wants to divers... Read more
Broadcom beats Wall Street estimates, signalling spike in datacenter demand
Companies are pouring money into the infrastructure required for hybrid work, giving Broadcom a leg up over competitors in PC and smartphone markets.
The organization manufactures chips for wifi modems, data centers, and routers. Broadcom currently counts Apple as one of its major customers. It... Read more
Broadcom’s plan to acquire VMware comes under scrutiny in the UK
British authorities suspect the $61 billion deal could limit competition.
The CMA explained their concerns in an announcement on Monday. "The Competition and Markets Authority (CMA) is considering whether the transaction may be expected to result in a substantial lessening of competition within ... Read more
Broadcom says it won’t raise VMware’s prices
Broadcom has commented on the pricing of VMware's portfolio for the first time since the acquisition's announcement. According to a blog post by CEO Hock Tan, there are no price increases on the table.
Broadcom's top executive said the organization never wants to raise the prices of existing pro... Read more
Broadcom bets on early EU approval for $61 billion VMware acquisition
According to sources familiar with the matter, US chipmaker Broadcom will pursue early European Union antitrust clearance for its $61 billion VMware acquisition by citing rivalry from Amazon, Microsoft and Google.
The transaction was announced in May and is the second-largest buyout this year. B... Read more
Intel and Broadcom achieve WiFi 7 speed of over 5 Gbps
Intel and Broadcom managed to achieve WiFi 7 speeds of more than 5 Gbps in a joint test. The test was conducted to demonstrate that the new WiFi standard is suitable for solutions that depend on very high data rates.
Above all, Intel and Broadcom's WiFi 7 test had to demonstrate that the ecosyst... Read more
VMware posts solid Q2 earnings as Broadcom acquisition looms
VMware posted solid Q2 results that exceeded profit and revenue estimates in what is expected to be one of its final earnings announcements as a public entity.
The organization posted a net profit of $347 million for the quarter, a decrease from the $411 million profit achieved in the same peri... Read more