Al Mayadeen English

  • Ar
  • Es
  • x
Al Mayadeen English

Slogan

  • News
    • Politics
    • Economy
    • Sports
    • Arts&Culture
    • Health
    • Miscellaneous
    • Technology
    • Environment
  • Articles
    • Opinion
    • Analysis
    • Blog
    • Features
  • Videos
    • NewsFeed
    • Video Features
    • Explainers
    • TV
    • Digital Series
  • Infographs
  • In Pictures
  • • LIVE
News
  • Politics
  • Economy
  • Sports
  • Arts&Culture
  • Health
  • Miscellaneous
  • Technology
  • Environment
Articles
  • Opinion
  • Analysis
  • Blog
  • Features
Videos
  • NewsFeed
  • Video Features
  • Explainers
  • TV
  • Digital Series
Infographs
In Pictures
  • Africa
  • Asia
  • Asia-Pacific
  • Europe
  • Latin America
  • MENA
  • Palestine
  • US & Canada
BREAKING
Palestinian Ministry of Health: Two were martyred in Israeli shelling that targeted a besieged house in the town of Qabatiya in Jenin
At least 68 dead in migrant shipwreck off Yemen: IOM
Trump: We want to feed the people in Gaza, we do not want them to starve.
US President Donald Trump: We will impose sanctions on Russia if it does not end the war on Ukraine.
Israeli media: Polls show that 52% oppose Prime Minister Benjamin Netanyahu while only 29% support him.
Israeli media: 32% of Americans still support "Israel's" war on Hamas, while 60% oppose it.
Israeli media: Core US support for "Israel" hits its lowest, while support for Palestine reaches its highest levels.
Al Mayadeen's correspondent reports martyrs, injuries in Israeli bombardment of home in Heker al-Jame area in Deir al-Balah, central Gaza.
Al-Quds Governorate: Today, the spatial division of Al-Aqsa Mosque began in a public and dangerous manner, and we warn of a religious war in the region
The Ministry of Health in Gaza: This brings the total number of victims of famine and malnutrition to 175, including 93 children

UK launches deep probe into US chip company buying VMware

  • By Al Mayadeen English
  • Source: Agencies
  • 29 Mar 2023 17:53
3 Min Read

The competition authority raised concerns that the massive acquisition will lead to a rise in the prices of PC parts and software.

  • x
  • UK launches deep probe into US chip company buying VMware
     A smartphone with a displayed Broadcom logo is placed on a computer motherboard in this illustration taken March 6, 2023 (Reuters)

UK will launch an in-depth investigation over the selling of cloud tech VMware to US chipmaker Broadcom for fears that it will undermine the competitiveness of British goods and services, AFP reported on Wednesday.

The $61 billion acquisition offer "may be expected to result in a substantial lessening of competition" for domestic businesses, UK's Competition and Markets Authority (CMA) said on Wednesday.

Broadcom has failed to address the CMA's concerns within a five-day time limit, forcing it [CMA] to proceed with a second deep probe, the first one being last year.

The acquisition might “lead to less innovation and drive up the cost of computer parts and software,” the completion authority added. 

Read more: Reliance on Taiwan chips puts US economy at risk amid China tensions

In December 2022, the EU started its own deep investigation into the deal as concerns regarding the gradual yielding of competition in favor of rising monopolies in the server sector.

American Broadcom earlier acquired CA Technology and Symantec - tech firms that offer complimentary services - in an attempt to expand its software market reach. 

Following Broadcom's offer to buy out VMware in May 2022, the semiconductor company said it wants to offer clients "greater choice and flexibility to build, run, manage, connect and protect applications at scale".

Related News

Cholera devastates Darfur region amid conflict, US aid cuts

US uses tariffs to strongarm India on Russia ties

Read more: EU prepares subsidy program to shield vital industries from US' IRA

The company's offer gives VMware shareholders the option to either receive $142.50 or exchange each VMware share for a quarter share in Broadcom.

“Broadcom [could] cut out competitors from the supply of hardware components to the server market and lead to less innovation at a time when most firms want fast, responsive and affordable IT systems," the CMA chief said on Wednesday.

Read more: New restrictions introduced on CHIPS-funded firms operating overseas

Semiconductors, more commonly known as chips, are a highly pivotal component in the defense industry, especially as it shifts and takes a more modern approach that delves into the futuristic realms requiring advanced semiconductors, which are key in manufacturing many things, from computers to autonomous vehicles, and even hypersonic weapons.

Read more: Dell technologies aims to phase out Chinese chips by 2024: Reports

In recent months, relations between the EU and the US have witnessed tensions. In November 2022, the EU condemned the subsidies offered to American companies in President Biden’s Inflation Reduction Act, giving them unfair leverage over their European rivals.

In October 2022, German Chancellor Olaf Scholz and French President Emmanuel Macron agreed that American subsidy plans will end up distorting the market, as they intend to sway companies to shift production to the US. 

The UK has already announced it joined the EU in opposing the Act, but European leaders have been scrambling for ways to push for amending the IRA. 

Unlike trading partners with the EU, the IRA has exemptions set for products from its NAFTA partners, and the EU has been calling for these exemptions to be extended to the EU. 

  • United States
  • VMware
  • US
  • UK
  • Broadcom

Most Read

A rescued crew member from the ETERNITY C vessel in a video released by the Yemeni Armed Forces on July 28, 2025 (Yemeni Military Media)

Yemen Navy reveals fate of targeted Eternity C ship crew

  • Politics
  • 28 Jul 2025
An Israeli tank explodes following an ambush by al-Qassam Brigades in Gaza, Occupied Palestine, undated (Al-Qassam Military Media)

Al-Qassam strikes Israeli vehicles in Gaza, inflicts casualties

  • Politics
  • 30 Jul 2025
UAE lodges complaint against Israeli ambassador over 'misbehavior'

UAE lodges complaint against Israeli ambassador over 'misbehavior'

  • Politics
  • 1 Aug 2025
Protesters chant anti-Israeli slogans as they carry a banner that reads:" Freedom for Palestine, Alliance stop the war," during a demonstration in support of Palestinians in Gaza, outside the Israeli embassy, in Athens, Monday, June 9, 2025 (AP)

Athens mayor slams Israeli ambassador over Gaza war, graffiti claim

  • Politics
  • 3 Aug 2025

Coverage

All
The Ummah's Martyrs

Read Next

All
A member of the al-Qassam Brigades, the armed wing of Hamas, takes part in a parade as he celebrates a ceasefire agreement between Hamas and the Israeli regime in Deir al-Balah, Gaza Strip, Sunday, January 19, 2025 (AP)
Politics

Al-Qassam: We’ll allow aid to Israeli captives if Gaza siege ends

Freed Lebanese freedom fighter Georges Abdallah during an interview on Al Mayadeen, which aired on Sunday, August 3, 2025 (Al Mayadeen screengrab)
Politics

Exclusive: Resistance key to building state, Georges Abdallah says

United Nations Secretary General Antonio Guterres gives a statement about the situation in Gaza at UN headquarters, Friday, June 27, 2025 (AP)
Politics

UN warns Gaza faces water crisis, looming famine under Israeli siege

Israeli soldiers drive their armored personnel carrier along the Gaza Strip, in southern occupied Palestine, Wednesday, July 30, 2025 (AP)
Politics

Ex-Israeli general says Gaza starvation campaign isolated 'Israel'

Al Mayadeen English

Al Mayadeen is an Arab Independent Media Satellite Channel.

All Rights Reserved

  • x
  • Privacy Policy
  • About Us
  • Contact Us
  • Authors
Android
iOS