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
Al Mayadeen's correspondent in South Lebanon: One martyred in the Israeli drone strike on a car in the town of Kawnin
Al Mayadeen's correspondent in South Lebanon: Israeli drone targets a car in the town of Kawnin
Naeini: If our national interests are attacked again, our response this time will be stronger and more destructive
Naeini: The war has proven that the settlers are defenseless against Iranian missile and drone forces
Naeini: Trump lacks an understanding of the true strength of the Iranian people and is so deluded as to believe he can change the reality of Iran's victory
Naeini: The defeat led to Trump's confusion and loss of balance, which was reflected in his ill-considered statements
IRGC spokesperson Brigadier General Mohammad Naeini: Trump's statements are a result of his defeat against Iran, and we advise him to abandon absurd policies
Gaza Government Media Office: The number of children martyred due to malnutrition has risen to 66
Saree: Loyal Yemen will not abandon its religious, moral, and humanitarian duties toward the Palestinian people
Saree: Over the past week, we carried out military operations targeting sensitive sites and military installations in Beer al-Sabe', Yafa, and Haifa via a number of ballistic missiles and drones, which were all successful

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

IRGC slams Trump's 'nonsense' statements following war on Iran

Iran advanced nucl. state; program undestroyable militarily: Grossi

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

Iranian President Masoud Pezeshkian attends a protest following the US attacks on nuclear sites in Iran, in Tehran, Iran, Sunday, June 22, 2025. (AP)

Iran declares victory as ceasefire forces Israeli retreat

  • Politics
  • 24 Jun 2025
Israeli workers survey the site where a missile launched from Iran struck in Haifa on Sunday, June 22, 2025. (AP)

True Promise 3, wave 20: 40 missiles launched, Kheibar-Shekan in first

  • Politics
  • 22 Jun 2025
Iran launches strikes on Israeli targets, despite alleged ceasefire

Iran victorious as ceasefire with 'Israel' takes effect

  • Politics
  • 24 Jun 2025
Iranian worshippers carry their country's flags in a protest to condemn Israeli attacks on multiple cities across Iran, after the Friday prayers ceremony in Tehran, Iran, Friday, June 20, 2025. (AP)

Iran warns of NPT withdrawal, Strait of Hormuz closure after US attack

  • Politics
  • 22 Jun 2025

Coverage

All
The Ummah's Martyrs

Read Next

All
Israeli occupation soldiers search for settlers amid the rubble of buildings destroyed by an Iranian missile strike in Bat Yam, central occupied Palestine, on Sunday, June 15, 2025 (AP)
Politics

Iran missile strike flattens Bat Yam, displaces 2,000 settlers

Palestinian fighters from the Islamic Jihad militant group riding on a truck with weaponry on display take part in an anti-Israel parade marking the 36th anniversary of the movement's founding, in Gaza City, Wednesday, Oct. 4, 2023 (AP)
Politics

Palestinian Resistance attacks Israeli forces in Khan Younis, Jabalia

Iranian Foreign Minister Abbas Araghchi stands waiting to meet Russian President Vladimir Putin for the talks at the Kremlin in Moscow, Russia, Monday, June 23, 2025 (AP)
Politics

Iran suspends IAEA cooperation, Araghchi blames Grossi for attacks

The commander of the Quds Force's Palestine Unit, Brigadier General Mohammad Said Izadi (Illustrated by Mahdi Rtail for Al Mayadeen English)
Politics

Who was Mohammad Said Izadi, head of the Quds Force's Palestine Unit?

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