Update 12:20pm: Updates to confirm EC filing.
- Broadcom ( NASDAQ: AVGO ) filed a request for its planned $61 billion acquisition of VMware ( NYSE: VMW ) with the European antitrust regulator.
- The European Commission set Dec. 20 as a deadline for reviewing the combination, according to a filing on the regulator's website.
- Reuters reported last month that Broadcom ( AVGO ) was said to seek early European Union approval for its planned VMWare acquisition. Broadcom planned to argue that VMware competes with Amazon ( AMZN ), Google ( GOOGL ) and Microsoft ( MSFT ) as it hopes to avoid a protracted review.
- VMware ( VMW ) rose 1.9% in trading on Tuesday, while Broadco ( AVGO ) gained 2.6%.
- The EC filing was earlier reported by MLex.
- In May, Broadcom ( AVGO ) announced that it was acquiring VMware ( VMW ) for $61B in cash and stock.
For further details see:
Broadcom files request for European antitrust approval for VMware (update)