Broadcom has completed its $69 billion (€63,1bn) buy of cloud computing firm VMware. The deal was scrutinised by regulators around the world ahead of final clearance from China. The approval follows a meeting between Presidents Joe Biden and Xi Jinping at the Apec summit. VMware develops virtualisation software which allows a user to run a […]
Broadcom has announced that the District Court of Munich, Germany, ruled that Netflix is infringing a Broadcom patent related to HEVC/H.265 video coding. The court issued an injunction requiring Netflix to cease and desist all further infringement in Germany. Since 2018, Netflix and Broadcom have been engaged in a patent dispute whereby Broadcom has accused […]
A UK Competition and Markets Authority (CMA) panel has provisionally found software solutions specialist Broadcom’s $61 billion (€57bn) acquisition of enterprise software provider VMware would not weaken competition in the supply of critical computer server products. The announcement follows a similar ruling on July 13th from the European Commission. Following its initial Phase 1 investigation, […]
The European Commission has approved, under the EU Merger Regulation, the proposed $61 billion (€57bn) acquisition of enterprise software provider VMware by software solutions specialist Broadcom. The approval is conditional upon full compliance with the commitments offered by Broadcom. The decision follows an in-depth investigation of the proposed acquisition. The Commission’s investigation The Commission’s preliminary market […]
The European Commission has informed software solutions specialist Broadcom of its preliminary view that its proposed acquisition of enterprise software provider VMware may restrict competition in the market for certain hardware components which interoperate with VMware’s virtualisation software. In December 2022, the Commission opened an in-depth investigation to assess if Broadcom’s acquisition of VMware may […]
Broadcom’s $61 billion (€57bn) deal to buy VMware could lead to less innovation and drive up the cost of computer parts used by government, banks and telecoms, according to the UK’s Competition and Markets Authority (CMA). Broadcom makes and sells specialist hardware components – such as network interface cards (NICs) and storage adapters – used […]
The total mergers and acquisitions (M&A) value in the global technology, media, and telecom (TMT) sector during 2022 saw a year-on-year (YoY) nosedive by 33 per cent from $1.26 trillion in 2021 to $841 billion in 2022, according to data and analytics company GlobalData. An analysis by the company reveals that ‘cloud’ and ‘internet advertising’ […]
The UK’s Competition and Markets Authority (CMA) is investigating the anticipated $61 billion (€57bn) acquisition by semiconductor and infrastructure software solutions specialist Broadcom of enterprise software provider VMWare. The CMA is considering whether it is or may be the case that this transaction, if carried into effect, will result in the creation of a relevant […]
Confirming recent speculation, semiconductor and infrastructure software solutions specialist Broadcom and enterprise software provider VMware have agreed a deal under which Broadcom will acquire all of the outstanding shares of VMware in a cash-and-stock transaction that values VMware at approximately $61 billion (€57bn), based on the closing price of Broadcom common stock on May 25th, […]
US multiplay operator Comcast has revealed the successful test of a prototype 10G modem using the core technology that will deliver multigigabit speeds to tens of millions of homes. In what it says is a world-first lab test, a Full Duplex DOCSIS 4.0 system-on-chip (SoC) cable modem built by Broadcom delivered upload and download speeds […]