UK Says Broadcom’s $61 Billion VMware Deal Could Hurt Server Competition

Britain’s competition regulator said U.S. chipmaker Broadcom’s acquisition of VMware could make servers more expensive, and it would refer the $61 billion deal to an in-depth inquiry unless its concerns were addressed. Broadcom agreed to buy the cloud computing and virtualisation company last year to diversify into enterprise software. Britain’s Competition and Markets Authority (CMA) […]

Exclusive - Broadcom Faces EU Antitrust Warning on $61 Billion VMware Deal - Sources

U.S. chipmaker Broadcom is set to receive a European Union antitrust warning about the possible anti-competitive effects of its proposed $61 billion bid for cloud computing company VMware in the coming weeks, people familiar with the matter said. The European Commission opened an investigation in December, saying the deal, announced last year, would allow Broadcom […]

JPM says Meta will Become Broadcom's next Billion-Dollar Customer

Facebook parent Meta Platforms Inc will use Broadcom Inc’s custom chips to build its metaverse hardware, becoming the chipmaker’s next billion-dollar ASIC customer, analysts at J.P. Morgan said on Tuesday. ASIC (application-specific integrated circuit) chips will drive $2 billion to $2.5 billion in revenue for Broadcom this year, helped by its deals with Meta and […]