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BRUSSELS (Reuters) – U.S. chipmaker Broadcom (NASDAQ:AVGO)’s is set to win conditional EU antitrust approval for its $61 billion proposed acquisition of cloud computing firm VMware (NYSE:VMW) on Wednesday, a person familiar with the matter said on Tuesday.
Last month, Reuters reported exclusively that Broadcom had succeeded in addressing the European Commission’s concerns regarding its Fibre Channel Host-Bus Adapters (FC HBAs) by offering an interoperability remedy to rival Marvell (NASDAQ:MRVL) Technology.
Broadcom is a leading supplier of FC HBAs, which are storage adapters that connect servers to storage located outside the server on a storage-area network using the fiber channel protocol.
