UK competition agency launches inquiry into Broadcom’s $61B VMware buy
Monday 21 November 2022
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The UK’s Competition and Market’s Authority (CMA) has announced it is investigating Broadcom’s proposed acquisition of VMware to determine whether the deal would raise problems for competition.
Semiconductor manufacturer and infrastructure software giant Broadcom first announced its intention to acquire VMware in May, in a deal worth $61 billion in stock and cash. However, not everyone is happy with the proposed deal, with senior analyst for Forrester, Tracy Woo, noting back in September that Broadcom had a poor track record when it came to previous acquisitions.
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