U.S. chipmaker Broadcom has received approval from the European Union for its proposed acquisition of cloud computing firm VMware. The $61 billion deal was given the green light by the EU after Broadcom offered remedies to address competition concerns raised by rival company Marvell Technology. In order to ensure fair competition, Broadcom has provided interoperability commitments related to its Fibre Channel Host-Bus Adapters (FC HBAs), which are storage adapters. This means that Marvell and other competitors will have guaranteed access to the necessary tools, technical support, and materials for the development and certification of third-party FC HBAs. Additionally, they will also have access to Broadcom’s source code for current and future FC HBA drivers through an open source license. EU antitrust chief Margrethe Vestager praised the commitments offered by Broadcom, stating that they will enable Marvell and other rivals to compete on an equal footing and provide protection for potential new entrants into the market. The approval marks a significant step forward in Broadcom’s acquisition plans.
Credit: The Star : Tech Feed
