BRUSSELS : Broadcom has offered interoperability remedies in an attempt to address EU antitrust concerns about its $61 billion bid for VMware, people familiar with the matter said.Broadcom submitted its proposal on Tuesday, a European Commission filing showed on Wednesday. The EU competition enforcer, whi
BRUSSELS : Broadcom has offered interoperability remedies in an attempt to address EU antitrust concerns about its $61 billion bid for VMware, people familiar with the matter said.
Broadcom chief executive Hock Tan had been in Brussels earlier this month to try and convince EU antitrust enforcers that the company's bid for cloud computing company VMware - one of the biggest tie-ups in the history of the tech sector - was beneficial to competition in the sector. On Wednesday, Broadcom reiterated its aim of closing the VMware transaction in the 2023 fiscal year, and added it was making progress with various regulatory filings regarding this deal around the world.
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