Broadcom-VMware deal faces further regulatory hurdles from EU Commission

The European Commission has informed Broadcom of its objections to the company’s proposed $61 billion acquisition of VMware — the latest hurdle the company needs to clear after regulatory agencies in the UK and US also raised concerns.  

“Broadcom is the leading supplier of Fiber Channel host bus adapters (FC HBAs) and storage adapters. The markets are very concentrated. If the competitors of Broadcom are hampered in their ability to compete in these markets, this could in turn lead to higher prices, lower quality and less innovation for business customers, and ultimately consumers,” the Commission said in a statement.

To read this article in full, please click here

Source:: Network World – Data Center