Industry News

Broadcom plans to close VMware acquisition today

Views : 139
Update time : 2023-11-27 10:15:54
        Broadcom said it plans to close its acquisition deal for cloud computing company VMware on November 22nd. The deal has now been approved by all regulators after China approved the acquisition on Nov. 21 with additional restrictive conditions.
Broadcom noted that the company has received legal merger clearance in Australia, Brazil, Canada, China, the European Union, Israel, Japan, South Africa, South Korea, Taiwan, the United Kingdom, and foreign investment control clearance in all necessary jurisdictions. According to U.S. merger and acquisition regulations, there are no legal obstacles to merger and acquisition transactions.
 
 
        Broadcom said last May that it was buying VMware for $61 billion in equity and the rest in debt, aiming to diversify into enterprise software.
        It is reported that on the evening of November 21, the General Administration of Market Supervision in mainland China issued an announcement on the additional restrictive conditions to approve the antitrust review decision in the case of Broadcom's acquisition of equity interests in VeriSign, which requires both parties to the transaction and the post-centralization entity to sell Broadcom's Fibre Channel adapters, storage adapters, and Ethernet cards (hereinafter referred to as the relevant hardware products) and VMware's servers to the domestic market in mainland China When selling Broadcom's Fibre Channel adapters, storage adapters, Ethernet network cards (hereinafter referred to as the relevant hardware products) and VMware's server virtualization software to the market in mainland China, the parties and the post-concentration entity shall not, without justifiable reasons, engage in tying sales in any way or attach any other unreasonable trading conditions; shall not hinder or restrict customers from purchasing or using the aforesaid products individually; and shall not discriminate against customers purchasing the aforesaid products individually in terms of the level of service, price or features.
Related News
Read More >>
LDK220 LDO Voltage Regulators Specifications, Features, Pinout, and Applications LDK220 LDO Voltage Regulators Specifications, Features, Pinout, and Applications
Feb .02.2026
The LDK220 series of low-dropout linear regulators (LDOs) is a high-performance device designed specifically for low-power consumption and high-precision voltage regulation, widely used in scenarios such as consumer electronics, industrial control, and po
Xilinx Spartan®-7 FPGA Family: A High-Performance and Energy-Efficient Solution for Mid-Range FPGAs Xilinx Spartan®-7 FPGA Family: A High-Performance and Energy-Efficient Solution for Mid-Range FPGAs
Jan .20.2026
Xilinx Spartan®-7 FPGA Family stands as a defining solution in the mid-range FPGA landscape, blending high performance, energy efficiency, and cost-effectiveness to redefine versatility for industrial, IoT, and consumer electronics applications. Built on
Altera FLEX Series: Architecture, Innovation, and Application Across Four Generations Altera FLEX Series: Architecture, Innovation, and Application Across Four Generations
Jan .07.2026
The Altera FLEX series was more than a lineup of FPGAs—it was a blueprint for how programmable logic devices could evolve to meet diverse market needs. The FLEX 8000 laid the architectural groundwork, the FLEX 10K redefined functionality with embedded mem
LM4765 vs. LM4766: A Comprehensive Comparison of Dual-Channel Audio Power Amplifiers LM4765 vs. LM4766: A Comprehensive Comparison of Dual-Channel Audio Power Amplifiers
Dec .16.2025
Among TI standout offerings, the LM4765 and LM4766 are dual-channel amplifiers designed to cater to diverse audio needs—from compact setups to high-fidelity systems. While sharing the same product lineage, these chips differ significantly in power output,