REG - Competition and Mkts - Merger Update: Broadcom Inc. / VMware, Inc.

BroadcomAnnouncement

25/01/2023 12:15

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RNS Number : 7422N  Competition and Markets Authority  25 January 2023

 

 

START OF CMA MERGER INVESTIGATION: ANTICIPATED ACQUISITION BY BROADCOM INC. OF
VMWARE, INC.

 

The Competition and Markets Authority (CMA) is considering whether it is or
may be the case that this transaction, if carried into effect, will result in
the creation of a relevant merger situation under the merger provisions of the
Enterprise Act 2002 and, if so, whether the creation of that situation may be
expected to result in a substantial lessening of competition within any market
or markets in the United Kingdom for goods or services.

 

The CMA announced the launch of its merger inquiry by notice to the Parties on
25 January 2023 and has a deadline of 22 March 2023 for its phase 1 decision.

 

 

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