UK Competition Regulator Clears Broadcom’s $69 Billion Deal to Purchase VMware

Broadcom’s proposed purchase of VMware would not substantially reduce competition in the supply of server hardware components in the UK, the industry regulator has said.

The UK’s competition watchdog has cleared the largest deal in its history as it said that the tie-up of US companies Broadcom and VMware would not damage UK competition.

The 69 billion dollar (£54 billion) deal – the largest the Competition and Markets Authority (CMA) has ever investigated – raises “no competition concerns”, the regulator said.

Read the source article at Independent