Broadcom faces EU antitrust probe into $61 billion VMware deal - sources

FILE PHOTO: The Broadcom Limited company logo is shown outside one of their office complexes in Irvine, California, U.S., March 4, 2021. REUTERS/Mike Blake/File Photo

BRUSSELS (Reuters) - U.S. chipmaker Broadcom is set to face a setback in its $61 billion bid for cloud computing company VMware with EU antitrust regulators poised to open a full-scale investigation into the deal, people familiar with the matter said.

The proposed acquisition, the second biggest globally so far this year, underlines Broadcom's attempt to diversify its business into enterprise software but comes as regulators worldwide ramp up scrutiny of deals by Big Tech.