According to reports, multiple insiders said today that the US chip manufacturer Broadcom's acquisition of cloud computing company VMware is about to receive conditional approval from the European Union.
Last May, Broadcom announced that it would acquire VMware for approximately $61 billion, making it one of the largest technology transactions in history. Subsequently, multiple regulatory agencies around the world launched investigations into this, including the United States, the United Kingdom, and the European Union.
In April of this year, the European Commission, the EU's antitrust regulatory body, publicly opposed the transaction, stating that it would be blocked unless there were sufficient remedial measures. Subsequently, Botong proposed remedial measures in response to the concerns of the European Union.
People familiar with the matter said today that whether the European Commission ultimately approves this transaction mainly depends on the interoperability remedies provided by Broadcom to competitors. The European Commission and Broadcom declined to comment on this.
According to the plan, the EU will make a final decision before July 17th.
One of the insiders stated that one of the remedial measures proposed by Broadcom focuses on the "Fibre Channel Host Bus Adapters" (FC HBA), mainly addressing the concerns of competitor Marvell Technology. Marvell Technology has not yet commented on this.
Botong mainly supplies chips for data center networking and proprietary chips for assisting artificial intelligence (AI) work. Prior to the acquisition of VMware, Broadcom had already conducted multiple large-scale mergers and acquisitions, including the acquisition of semiconductor company LSI, network technology manufacturer Brocade, large software company CA, and the enterprise security business of network security company Symantec.