Broadcom's $69 billion VMware deal wins provisional UK clearance

FILE PHOTO: 3D printed clouds and figurines are seen in front of the VMware cloud service logo in this illustration taken February 8, 2022. REUTERS/Dado Ruvic/Illustration

LONDON (Reuters) -Britain's competition regulator provisionally cleared U.S. tech company Broadcom's $69 billion purchase of VMware on Wednesday, saying the deal would not weaken competition in the supply of critical computer server products.

The Competition and Markets Authority's (CMA) provisional approval of the takeover - Broadcom's biggest ever - follows a go-ahead from European Union regulators last week after Broadcom offered interoperability remedies to some rivals to address concerns.