Broadcom-VMware Update

In November, European Union regulators were debating whether to give a thumbs-up to Broadcom’s VMware acquisition. If they have serious concerns, they could open a four-month investigation, according to Reuters, which might happen by Dec. 20.

Reports surfaced last month that the Silicon Valley chipmaker wanted to fast-track antitrust proceedings in Europe. Broadcom claims that because its likely rivals – Amazon Web Services, Microsoft Azure and Google Cloud – hold so much market share, blessing the pending, $61 billion VMware purchase will not create a competitive imbalance. Apparently that argument wasn’t good enough.

Learn what partners have to say about how the acquisition affects them.

In good news for Broadcom, VMware stockholders approved the $61 billion deal in November.

VMware, per to its most recent annual report, has 3,809 shareholders. The most well-known is Michael Dell, founder of Dell Technologies and chairman of the VMware board. He stands to rake in more than $26 billion once Broadcom closes the VMware transaction, according to a VMware filing with the Securities and Exchange Commission.

After Dell, institutional investors comprise most of VMware’s shareholders. Those include Silver Lake Management (which helped Dell buy EMC Corp. in 2016), Dodge & Cox, The Vanguard Group and Swedbank Robur Fonder AB, according to MarketScreener.

Read more here about what VMware will do for Broadcom.