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Merger Update: Broadcom Inc. / VMware, Inc.

RNS Announcement

RNS Number : 7422N

Competition and Markets Authority

25 January 2023

START OF CMA MERGER INVESTIGATION: ANTICIPATED ACQUISITION BY BROADCOM INC. OF VMWARE, INC.

The Competition and Markets Authority (CMA) is considering whether it is or may be the case that this transaction, if carried into effect, will result in the creation of a relevant merger situation under the merger provisions of the Enterprise Act 2002 and, if so, whether the creation of that situation may be expected to result in a substantial lessening of competition within any market or markets in the United Kingdom for goods or services.

The CMA announced the launch of its merger inquiry by notice to the Parties on 25 January 2023 and has a deadline of 22 March 2023 for its phase 1 decision.

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RNS metadata

Title: Merger Update: Broadcom Inc. / VMware, Inc.
Time: 11:00:01
Date: 25 Jan 2023
Category: Acquisitions and alliances
ID: 7422N