Britain said it would investigate Broadcom’s acquisition of VMware in depth after the U.S. chipmaker offered no immediate undertakings in response to its concerns about the impact of the $61 billion deal on the server market. Britain’s Competition and Markets Authority said earlier this month that Broadcom’s acquisition of the cloud computing and virtualization company…

LONDON—Computer chip and software maker Broadcom’s $61 billion deal to buy cloud technology company VMware is facing scrutiny from European Union regulators who voiced concern Tuesday over potential threats to competition. The in-depth investigation was opened due to Broadcom hardware that works together with VMware software, potentially locking out rival technology, the EU’s executive Commission…

WASHINGTON—The U.S. Securities and Exchange Commission said on Monday it has charged cloud computing company VMware Inc. with misleading investors by obscuring its financial performance. The company was charged with misleading investors about its order backlog management practices, which the agency said enabled it to push revenue into future quarters by delaying product deliveries to…

Raymond James analyst Simon Leopold downgraded VMware, Inc. VMW from Outperform to Market Perform. The re-rating reflects the expiry of the “Go Shop” period with no other bidders. He expects Broadcom Inc. AVGO deal to win approval but will take about a year to close. Leopold views Broadcom’s bid of $61 billion, or $142.50 per…

Broadcom Inc. on Thursday announced it will acquire VMware Inc. in a cash-and-stock transaction that values the multi-cloud company at approximately $61 billion. What to Know VMware’s multi-cloud portfolio spans application modernization, cloud management, cloud infrastructure, networking, security and more. Following the closing of the transaction, the Broadcom Software Group will rebrand as VMware and incorporate Broadcom’s existing infrastructure and security software solutions as part of…