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The EU competition enforcer, which will decide on the deal by June 7
US chipmaker Broadcom offered 20 billion won ($15.8 million) worth of programmes to address concerns about its alleged violation of competition law, South Korea's antitrust regulator said on Monday
VMware shareholders will get $142.50 per share under the purchase, resulting in a premium of nearly 49% to the stock's close on May 22, when talks of the deal were first reported
Business Standard brings you the top headlines on Thursday
However, Alphabet and Google CEO Sundar Pichai saw a drop of 14% in his bonuses in 2020 and 2021
A US appeals court threw out a jury verdict ordering Apple Inc and Broadcom Inc to pay $1.1 billion to the California Institute of Technology for infringing its Wi-Fi technology patents
The acquisition will make Accenture Security one of the leading providers of managed security services
The California-based chip maker offer made an unsolicited $105 billion takeover bid for Qualcomm
Broadcom and Foxconn were among four suitors selected to proceed to the second round
Chipmaker Broadcom said on Wednesday it would buy network gear maker Brocade Communications Systems Inc for $5.5 billion in cash, to expand its fiber channel and data storage businesses. The $12.75 per share offer represents a premium of 46.7 per cent to Brocade's close on Friday. Bloomberg reported on Monday that Brocade was in talks to sell itself. Brocade shares were up 7.2 per cent at $12.05 in premarket trading on Wednesday. Broadcom shares were untraded.Singapore-based Broadcom, formerly called Avago, is known for its connectivity chips, while California-based Brocade makes networking hardware, software and storage products."This strategic acquisition enhances Broadcom's position as one of the leading providers of enterprise storage connectivity solutions to OEM customers," Broadcom Chief Executive Hock Tan said in a statement. Customers use Brocade's fiber channel protocol-based networking products to build storage area networks within their data centres.Broadcom said it planned