Chipmaker Broadcom sells remote-access unit to KKR in $4 billion dealThe end-user computing (EUC) unit will operate as a standalone company and will continue to be run by its existing management team led by S...
27 Feb, 2024, 09.45 AM IST
Broadcom to lay off 1,300 VMware employees following takeover: reportBroadcom closed its $69 billion acquisition of VMware on November 22 after receiving regulatory approval from China.
01 Dec, 2023, 09.03 AM IST
Broadcom closes $69 billion VMware deal after China approvalThe deal, one of the biggest globally when announced in May 2022, was the latest in CEO Hock Tan's efforts to boost the chipmaker's softwar...
22 Nov, 2023, 11.26 PM IST
Chipmaker Broadcom expects $69 billion VMware deal to close before November deadlineChina's State Administration of Market Regulation (SAMR) has not signed off on the deal and is likely to delay its decision, it was reporte...
30 Oct, 2023, 08.08 PM IST
Beijing weighs delaying approval of $69 billion Broadcom-VMware deal: reportChina's State Administration of Market Regulation has not signed off on the deal and is likely to delay approving the transaction after US ...
19 Oct, 2023, 02.14 PM IST
Britain clears $61 billion Broadcom-VMware mergerThe Competition and Markets Authority last month gave its provisional approval to the deal announced in May 2022, and said on Monday that "...
21 Aug, 2023, 09.31 PM IST
Broadcom's $69 billion VMware deal wins provisional UK clearanceBritain's competition regulator provisionally cleared U.S. tech company Broadcom's $69 billion purchase of VMware on Wednesday, saying the ...
19 Jul, 2023, 05.57 PM IST
EU clears US chipmaker Broadcom's $61 billion VMware takeoverThe massive deal raised fears that it would stifle competition following its announcement in May 2022, prompting probes by antitrust watchd...
12 Jul, 2023, 06.24 PM IST
EU to green light Broadcom's VMware deal on Wednesday, source saysUS chipmaker Broadcom is set to win conditional EU antitrust approval for its $61 billion proposed acquisition of cloud computing firm VMwa...
12 Jul, 2023, 02.35 PM IST
Broadcom set to win EU nod for $61 billion VMware deal: reportThe European Commission's clearance is tied to remedies relating to Broadcom's interoperability with rivals that would address competition ...
13 Jun, 2023, 09.02 AM IST
Broadcom CEO seeks to convince EU on $61 billion VMware dealTan, flanked by his executives and lawyers, arrived early Friday morning in Brussels for a closed hearing on one of the biggest tie-ups in ...
05 May, 2023, 10.12 PM IST
UK says Broadcom's $61 billion VMware deal could hurt server competitionBritain's Competition and Markets Authority (CMA) said on Wednesday the deal could dampen innovation and drive up the cost of computer part...
22 Mar, 2023, 09.52 PM IST
VMware bets on multi-cloud drive amid positive Broadcom deal viewVMware took the wraps off a new multi-cloud management solution dubbed Aria, one that unifies applications, infrastructure, and services ac...
11 Sep, 2022, 06.00 AM IST
How Broadcom CEO Hock Tan shaped a tech giant through acquisitionsFor Tan, now 70, the deal would be the culmination of a string of acquisitions that has helped him turn Broadcom into a technology conglome...
28 May, 2022, 08.39 AM IST
Chipmaker Broadcom to buy VMware in $61 billion dealThe acquisition is the second biggest announced globally so far this year, after Microsoft Corp's $68.7 billion deal to buy video game make...
27 May, 2022, 12.15 PM IST
Ten things to know about the $61 billion Broadcom-VMware dealAfter Microsoft Corp.'s $68.7 billion takeover of video game producer Activision Blizzard Inc., Broadcom's acquisition of VMware is the sec...
26 May, 2022, 06.54 PM IST
Broadcom in talks to acquire cloud company VMwareThe acquisition would further diversify Broadcom’s business away from semiconductors and into enterprise software, following its $18.9 bill...
23 May, 2022, 09.01 AM IST