Broadcom’s $61 Billion VMware Deal Gets Interim UK Clearance
- CMA looks to clear technology deal after an in-depth review
- The decision follows a green light from its EU counterpart
The VMware logo on a smartphone
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Broadcom Inc.’s proposed $61 billion takeover of VMware Inc. was provisionally waved through by the UK’s antitrust watchdog, easing the path toward one of the largest technology deals in history.
The Competition and Markets Authority said it took an initial view that the deal wouldn’t substantially reduce competition in the supply of key computer server products, according to a statement published Wednesday after an in-depth review. Broadcom is still waiting for the US regulator, which is yet to decide whether to litigate on the deal.