Exclusive-EU antitrust regulators set to warn Broadcom on $61 billion VMware deal - sources
BRUSSELS :U.S. chipmaker Broadcom is set to receive an EU 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 last year, saying the deal would allow Broadcom to restrict competition in the market for certain hardware components which interoperate with VMware's software.Broadcom said it will continue its"constructive work" with the Commission. The deal has received the green light in Brazil, South Africa and Canada.Source: Reuters
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