Shulou(Shulou.com)11/24 Report--

CTOnews.com, February 27 (Reuters)-Broadcom will receive an antitrust warning from the European Union that its proposed $61 billion acquisition of cloud computing company VMware could have an anti-competitive impact in the next few years, according to Reuters.

The European Commission launched an investigation in December last year, saying the deal would allow Broadcom to limit market competition for certain hardware components that interoperate with VMware software.

The European Commission, which will decide on the deal on June 7, declined to comment on Reuters news.

Broadcom said it would continue to work "constructively" with the committee. The deal has been approved in Brazil, South Africa and Canada, and Broadcom aims to complete the acquisition in fiscal year 2023.

Broadcom's deal with VMware is one of the world's biggest deals in 2022, marking the chipmaker's attempt to diversify into enterprise software.

Broadcom, the most acquisitive semiconductor company, has strategically used mergers to drive its growth in recent years. It bought CA Technologies for $18.9 billion in 2018 and Symantec for $10.7 billion in 2019.

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