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home / articles / broadcom faces backlash over licensing eu trade grou mwn benzinga


TECH - Broadcom Faces Backlash Over Licensing EU Trade Groups Demand Investigation | Benzinga

On Monday, critics of Broadcom Inc (NASDAQ:AVGO) dismissed the U.S. chipmaker’s revisions to its cloud licensing practices, arguing that the changes fail to resolve their concerns over alleged price increases, unfair software licensing terms, and product bundling. 

Last week, Broadcom CEO Hock Tan announced in a blog post a series of modifications to the licensing conditions of the recently acquired cloud computing company VMware, following grievances from some EU business users and a trade group.

These adjustments included significant price reductions for VMware’s cloud platform and alterations that allow customers to transfer their workloads from their own data centers to cloud providers and among various cloud providers, Reuters reports.

Also Read: Broadcom Succumbs to EU Antitrust Investigation Over VMware Licensing, Prompting ...

Full story available on Benzinga.com

Stock Information

Company Name: Bio-Techne Corp
Stock Symbol: TECH
Market: NASDAQ
Website: bio-techne.com

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