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Layoffs and executive departures are expected after an acquisition, but there's also concern about VMware customer retention.
Five days before the two companies’ merger agreement was due to expire, the deal has passed its final regulatory hurdle.
Eight months after launching an investigation into whether the deal would reduce competition in the UK, the CMA has provisionally cleared the acquisition.
Broadcom’s bid to buy up VMware clears a key regulatory hurdle with the conditional approval of EU authorities.
The focus of Broadcom’s investment boost will be on helping enterprises to deploy private clouds and growing the VMware ecosystem.
Having concluded its initial investigation into the proposed $61 billion deal, the EU Commission remains concerned the acquisition could restrict market competition, particularly for Fiber Channel host bus adapters.
The companies have now given themselves until May 26, 2023, to complete Broadcom’s $61 billion acquisition of VMware.
The investigation relates to concerns of price gouging and decreased competition for hardware components that interoperate with VMware's software.
Product news includes VMware vSphere 8, Aria multi-cloud management tools, and a SaaS delivery model for networking and security software NSX.
VMware support for IBM's Cloud Satellite means consistent infrastructure and security across IBM's public cloud and its on-prem cloud services.
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