Hock Tan, Chief Executive of U.S.-based chipmaker Broadcom and his team have travelled to Brussels for a closed hearing on the $61 billion acquisition proposal of cloud computing firm VMware.
The merger has raised concerns from both sides of the Atlantic given its potential effect on competition in certain hardware components markets. However, Amazon, Microsoft and Google's presence in this sector may be used by Broadcom as evidence that there is still sufficient rivalry present.
It is anticipated that remedies will be offered following the meeting with EU antitrust enforcers ahead of their 21 June ruling date.
CyberBeat is a grassroots initiative from a team of producers and subject matter experts, driven out of frustration at the lack of media coverage, responding to an urgent need to provide a clear, concise, informative and educational approach to the growing fields of Cybersecurity and Digital Privacy.
If you have a story of interest, a comment, a concern or if you'd just like to say Hi, please contact us
We couldn't do this without the support of our sponsors and contributors.