American chip maker broadcom on Wednesday secured EU antitrust approval for its proposed $61 billion (roughly Rs. 5,00,300 crore) acquisition of the cloud computing firm. Vmware After introducing measures to help rival Marvell Technology.
The deal, Broadcom’s biggest ever, will help the chipmaker diversify into enterprise software.
The European Commission confirmed a Reuters story last month that Broadcom offered Marvell and other rivals interoperability commitments related to its Fiber Channel host-bus adapters (FC HBAs), a type of storage adapter.
Marvell and other competitors will be “guaranteed access to interoperability application programming interfaces as well as access to the materials, equipment and technical support necessary for the development and certification of third-party FC HBAs”, the EU competition promoter said.
Marvell and other rivals will have guaranteed access to the source code for all of Broadcom’s current and future FC HBA drivers through irrevocable open source licenses.
“The commitments made by Broadcom will enable Marvell, its sole competitor, to continue to compete on an equal footing and ensure equal protection for future entrants,” EU antitrust chief Margrethe Vestager said in a statement.
The US Federal Trade Commission and the UK Competition Agency are also investigating the deal.
Broadcom said, “We continue to make progress with our various regulatory filings around the world, receiving legal merger approval in Australia, Brazil, Canada, the European Union, South Africa and Taiwan, and foreign investment control approval in all required jurisdictions. Are.” in a statement.
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