Tag: Federal Trade Commission

EC approves Broadcom’s VMware takeover

Canalys Forum EuropeThe European Commission (EC) has formally approved Broadcom’s $61 billion bid for virtualisation software giant VMware, with the caveat that Broadcom fulfills certain ongoing commitments around access and interoperability.

The deal, which is one of the biggest tech acquisitions of all time, was the subject of regulatory scrutiny when it was announced in May last year. Europe revealed plans for an in-depth probe in December citing competition concerns, while the UK followed suit in March.