Broadcom gets EU antitrust nod for CA Technologies deal

Technology

(Reuters) – Chipmaker Broadcom Inc said on Friday it has obtained antitrust clearance from the European Union for its $19-billion deal to acquire software company CA Technologies Inc.

A sign to the campus offices of chip maker Broadcom Ltd is shown in Irvine, California, U.S., November 6, 2017. REUTERS/Mike Blake

Broadcom had on Wednesday said a memo, purportedly signed by the U.S. Department of Defense and circulated among lawmakers calling for a review of the deal, was likely fake.

The chipmaker said it now expects the deal to close on Nov. 5, as the clearance from the EU was the last regulatory hurdle.

Reporting by Vibhuti Sharma in Bengaluru; Editing by Arun Koyyur

Products You May Like

Articles You May Like

North Carolina orders new U.S. House election after ‘tainted’ vote
Actor Jussie Smollett staged attack because he was ‘dissatisfied’ with salary: police
Risk of no-deal Brexit has risen – Home Secretary Sajid Javid
Chinese ‘Ivory Queen’ smuggler sentenced to 15 years jail in Tanzania
MLB notebook: Giants, Phillies reportedly in lead for Harper

Leave a Reply

Your email address will not be published. Required fields are marked *