On June 12th local time, according to Reuters, the European Union will conditionally approve the acquisition of cloud computing company VMware by American semiconductor manufacturer Broadcom, with a transaction amount of approximately 61 billion US dollars (approximately 435.88 billion yuan).
The report quoted sources familiar with the matter as saying that whether the European Commission ultimately approves this transaction mainly depends on the interoperability remedies provided by Broadcom to competitors. A person familiar with the matter stated that one of Botong's remedial measures focuses on Fiber Channel Host Bus Adapters (FC HBAs)
According to Reuters, the EU's antitrust regulatory agency is scheduled to make a decision on the transaction on July 17th. The European Commission and Broadcom declined to comment on this.
At the end of May 2022, Broadcom announced on its official website that it would acquire all outstanding shares of VMware in cash and stock, with a total transaction amount of approximately $61 billion. According to media reports, Broadcom's acquisition of VMware is currently under review by multiple regulatory agencies. If ultimately approved, this transaction will become the largest acquisition of a semiconductor manufacturer in history.
Botong mainly supplies chips for data center networking and proprietary chips for assisting artificial intelligence (AI) work.
Prior to the acquisition of VMware, Broadcom had already conducted multiple large-scale mergers and acquisitions, including the acquisition of semiconductor company LSI, network technology manufacturer Brocade, large software company CA, and the enterprise security business of network security company Symantec.
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