EU to green light Broadcom's VMware deal on Wednesday, source says

VMware

11/07/2023 19:32

By Foo Yun Chee
       BRUSSELS, July 11 (Reuters) - U.S. chipmaker Broadcom's
 AVGO.O  is set to win conditional EU antitrust approval for its
$61 billion proposed acquisition of cloud computing firm VMware
 VMW.N  on Wednesday, a person familiar with the matter said on
Tuesday.
    Last month, Reuters reported exclusively that Broadcom had
succeeded in addressing the European Commission's concerns
regarding its Fibre Channel Host-Bus Adapters (FC HBAs) by
offering an interoperability remedy to rival Marvell Technology
 MRVL.O .
    Broadcom is a leading supplier of FC HBAs, which are storage
adapters that connect servers to storage located outside the
server on a storage-area network using the fiber channel
protocol.

 (Reporting by Foo Yun Chee)
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