Apple forges multi-billion dollar deal with Broadcom
Apple and Broadcom have agreed another major deal. Under this partnership that will run for some years, Broadcom will take the helm of designing and producing a diverse range of cutting-edge wireless components for Apple's extensive product lineup.
The spotlight shines brightly on the revolution... Read more
Will Broadcom’s acquisition of VMware go through?
Broadcom may once again take more time to complete its acquisition of VMware. If the $61 billion deal is still not completed by August 26 in the U.S., the date may be pushed to November 26. Can Broadcom get the acquisition across the finish line, despite resistance from competition watchdogs?
Th... Read more
Broadcom CEO pledges $2 billion yearly R&D spend to improve VMware
This week Broadcom's CEO Tan Hock Eng announced that he intended to invest an incremental $2 billion a year "to better unlock customer value" of VMware solutions.The goal of the funding is to "accelerate growth" of VMware through innovation and R&D.
Half the money will go to straight researc... Read more
European Commission concerned about Broadcom’s acquisition of VMware
The European Commission has reached an initial conclusion in its investigation into Broadcom's proposed acquisition of VMware. It fears that the acquisition may jeopardize market competition.
In its initial findings, the EC states that the proposed acquisition may affect competition in the Europ... Read more
CMA concerned Broadcom VMware acquisition could raise server prices
Britain’s competition regulator recently raised awareness that the acquisition of VMware - by US chipmaker Broadcom - could increase the price of servers. As a result, the US$61 billion deal would be subject to an in-depth investigation. This is to ensure the regulator’s concerns are met.Broadc... Read more
EU antitrust authorities postpone decision on Broadcom-VMware deal
The pending warning from the European Commission is just the latest in Broadcom's antitrust problems.
EU antitrust regulators have postponed their decision on US chipmaker Broadcom's proposed €57 billion takeover of VMware, according to Reuters. The decision, which the European Commission Comp... Read more
Broadcom acquisition of VMware comes under closer EU scrutiny
The European antitrust enforcer "warns" that the deal could restrict market competition.
This week Reuters reported that US chipmaker Broadcom will be hit with an EU antitrust "warning" about the possible anti-competitive effects of its proposed €57 billion bid for VMware.
The chipmaker's a... Read more
Broadcom and VMware take more time to complete acquisition
Broadcom and VMware are taking more time to complete the acquisition. The companies reported this to the US stock market regulator SEC.
Broadcom's final acquisition of VMware is now to be completed by May 26, 2024, according to the statement to the SEC. Broadcom had anticipated the final acquisi... Read more
Broadcom wants to compete with hyperscalers after VMware acquisition
Broadcom plans to attack hyperscalers such as AWS, Microsoft Azure and Google Cloud after its final acquisition of VMware. This is according to a newsletter to staff made public as part of regulatory filings.
According to the newsletter filed with the U.S. securities regulator SEC, Broadcom want... Read more
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