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EU approves Broadcom's acquisition of VMware with conditions

  • U.S. chipmaker Broadcom offered remedies to address EU antitrust concerns about its $61 billion acquisition of VMware.
  • Broadcom will provide guaranteed access to APIs, materials, tools and support to rival Marvell Technology.
  • The commitments ensure equal competition and protect future entrants in hardware markets.
  • Approval in Europe suggests a positive outcome, but final completion of the deal is not guaranteed.
  • The acquisition is still under review by U.S. and UK competition regulators.
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