© Reuters. FILE PHOTO: A smartphone with a displayed Broadcom logo is placed on a computer motherboard in this illustration taken March 6, 2023. REUTERS/Dado Ruvic/Illustration/File Photo
(Reuters) – UK’s competition regulator said on Monday it has cleared U.S. tech company Broadcom (NASDAQ:)’s $69 billion purchase of VMware (NYSE:), following an in-depth phase-2 probe.
The Competition and Markets Authority (CMA) in July provisionally cleared the deal, saying it would not weaken competition in the supply of critical computer server products.
Read the full article here