Trending: VMware, Broadcom Merger Cleared in EU
13 July 2023 - 12:51AM
Dow Jones News
10:18 a.m. ET -- VMware is one of the most mentioned companies
in the U.S. across all news items in the last 12 hours, according
to Factiva data. The European Commission, the European Union's
executive arm, approved chip maker Broadcom's proposed $61 billion
acquisition of cloud computing company VMware. The European
Commission said the acquisition didn't violate the European Union's
antitrust laws and Broadcom had offered interoperability features
for some of its products to competitors. The VMware acquisition is
currently still under review in the U.S. and U.K. Broadcom said the
deal has already received clearance in Australia, Brazil, Canada,
South Africa and Taiwan. Dow Jones & Co. owns Factiva.
(ada.hui@wsj.com)
(END) Dow Jones Newswires
July 12, 2023 10:36 ET (14:36 GMT)
Copyright (c) 2023 Dow Jones & Company, Inc.
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