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UK approves Broadcom’s $69 billion takeover of VMware

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The British regulator announced on Monday that it had approved the US technology company Broadcom’s acquisition of VMware for US$69 billion (Currently about RMB 504.39 billion), and had previously carried out the second phase of in-depth investigation. investigation.

Britain’s Competition and Markets Authority (CMA) provisionally approved the deal in July, saying it would not reduce competition in the supply of key computer server products.

The CMA launched an in-depth investigation after expressing concern in March that the deal could make servers more expensive. “After reviewing evidence gathered from Broadcom, VMware and other relevant parties, an independent CMA panel provisionally found that the transaction would not substantially reduce competition in the supply of server hardware components in the UK,” they said.

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