|Day's range||5.20 - 5.50|
Britain's competition regulator said on Wednesday it was considering whether to refer U.S. chipmaker Broadcom's $61 billion acquisition of VMware for an in-depth probe after finding the deal could harm competition. The Competition and Markets Authority (CMA) said the deal could make computer servers more expensive for British businesses. "Servers are a vital building block, functioning largely thanks to hardware products made by firms like Broadcom, working in unison with virtualisation software from firms like VMware," said CMA Executive Director David Stewart.
PALO ALTO, Calif., March 21, 2023--Today, VMware, Inc. (NYSE: VMW) announced the next evolution of the company’s flagship VMware Partner Connect program is live worldwide. Partner Connect is a singular, unified program for all partner types that is now more flexible and efficient, provides faster and simpler paths to progression, delivers more incentives, and rewards partners for both performance and capabilities. Through Partner Connect, VMware is empowering partners to drive growth by helping
EU antitrust regulators have extended their decision on U.S. chipmaker Broadcom's proposed $61 billion takeover of cloud computing company VMware by two weeks to June 21, the European Commission said on Tuesday. The EU competition watchdog said the extension was agreed with Broadcom, which is looking to diversify into enterprise software. The Commission is expected to warn Broadcom about potential anti-competitive effects of the proposed deal in the coming weeks, sources close to the matter have told Reuters.