Broadcom/VMware merger: Stocks surge on report of European clearance

The European Commission tells CRN it has "no comment on this", writing "the provisional deadline for the Commission to make a decision on this transaction is 17 July"

clock • 3 min read
Broadcom/VMware merger: Stocks surge on report of European clearance

Broadcom and VMware stocks are surging following a report that the $61bn merger between the two companies has been given conditional approval by the European Commission, which has been involved in ...

To continue reading this article...

Join CRN

  • Enjoy full access to channelweb.co.uk - the UK’s top news source for the IT channel
  • Gain the latest insights through market analysis and interviews with channel leaders
  • Stay on top of key trends with the Insider weekly newsletter curated by CRN’s editor
  • Be the first to hear about our industry leading events and awards programmes

 

Join now

 

Already a CRN member?

Log in

You may also like
SoftBank in advanced talks to buy British AI chip designer Graphcore: report

Vendor

Once seen as a viable competitor to Nvidia, Graphcore’s business suffered in 2022 from deteriorating macroeconomic conditions that slowed down sales of systems outfitted with its IPUs, and now it’s reportedly in talks to sell itself to Japanese investment giant SoftBank.

clock 09 May 2024 • 2 min read
Broadcom forces AWS to stop reselling VMware Cloud offering

Vendor

“VMware Cloud on AWS is no longer directly sold by AWS or its channel partners. It’s that simple,” says Broadcom CEO Hock Tan

clock 08 May 2024 • 3 min read
Infinity acquires Pax8's end-customer business as it homes in on Microsoft focus

Reseller

"This is a key part of Infinity Group's strategy to solidify our place as a leading provider of Dynamics 365 solutions,” says Infinity CEO Rob Young

clock 08 May 2024 • 2 min read

Sign up to our newsletter

The best news, stories, features and photos from the day in one perfectly formed email.

More on Vendor

Boomi acquires APIIDA's federated API management business to unify API lifecycle

Boomi acquires APIIDA's federated API management business to unify API lifecycle

The acquisition aims to consolidate API products within a single end-to-end platform

Andrea Gaini
clock 09 May 2024 • 2 min read
SoftBank in advanced talks to buy British AI chip designer Graphcore: report

SoftBank in advanced talks to buy British AI chip designer Graphcore: report

Once seen as a viable competitor to Nvidia, Graphcore’s business suffered in 2022 from deteriorating macroeconomic conditions that slowed down sales of systems outfitted with its IPUs, and now it’s reportedly in talks to sell itself to Japanese investment giant SoftBank.

Dylan Martin
clock 09 May 2024 • 2 min read
Broadcom forces AWS to stop reselling VMware Cloud offering

Broadcom forces AWS to stop reselling VMware Cloud offering

“VMware Cloud on AWS is no longer directly sold by AWS or its channel partners. It’s that simple,” says Broadcom CEO Hock Tan

Mark Haranas
clock 08 May 2024 • 3 min read