The European cloud industry association, CISPE, has formally challenged Broadcom Inc.'s $69 billion acquisition of cloud computing firm VMware in the European Union court. The antitrust complaint opposes the bloc's earlier approval of one of the largest takeovers in the technology industry.
This legal action could lead to a review by EU judges, potentially reopening scrutiny of the deal's competitive implications. The complaint suggests ongoing concerns within the European cloud sector regarding the impact of the acquisition.
The challenge introduces renewed regulatory uncertainty for Broadcom's integration of VMware, a cornerstone of its infrastructure software strategy. A prolonged legal battle or an unfavorable ruling could disrupt expected synergies and financial benefits from the acquisition.
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