Broadcom Wins Eu Antitrust Approval To Buy VMWare; Broadcom Agrees To Give Marvell An Irrevocable Open Source License, Others Access To Software, Technical Support To Develop Rival Fibre Channel Most-bus Adapters
Portfolio Pulse from Charles Gross
Broadcom has received EU antitrust approval to acquire VMWare. As part of the agreement, Broadcom will provide Marvell with an irrevocable open source license and others with access to software and technical support to develop rival Fibre Channel Most-bus Adapters.
July 12, 2023 | 9:55 am
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NEUTRAL IMPACT
VMWare's acquisition by Broadcom has been approved by EU antitrust, which could potentially impact the company's operations and market position.
The acquisition approval by EU antitrust could potentially impact VMWare's operations and market position. The impact on the company's stock price in the short term is uncertain.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
POSITIVE IMPACT
Broadcom's acquisition of VMWare has been approved by EU antitrust, which could potentially strengthen the company's market position.
The acquisition approval by EU antitrust could potentially strengthen Broadcom's market position and increase its competitiveness. This could have a positive impact on the company's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
POSITIVE IMPACT
Marvell will receive an irrevocable open source license from Broadcom as part of the latter's acquisition of VMWare, which could potentially enhance Marvell's product development capabilities.
Receiving an open source license from Broadcom could potentially enhance Marvell's product development capabilities and competitiveness. This could have a positive impact on the company's stock price in the short term.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 70