Mergers & Acquisitions Mergers & Acquisitions

Broadcom tells Brazil's CADE deal with VMware won’t result in conglomerate effects

By Ana Paula Candil
  • 24 Oct 2022 23:27
  • 24 Oct 2022 23:27
US-based semiconductor maker Broadcom has told the Brazilian competition authority it won't have sufficient power in the virtualization software market after its planned $61 billion acquisition of cloud-computing firm VMware to generate concerns with "conglomerate effects."
According to public filings, Brazilian antitrust investigators on Oct. 14 held a videoconference with

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Ana Paula Candil

Senior Correspondent, Latin America


Ana Paula joined MLex in Brazil in 2014 writing about antitrust investigations and merger reviews. Prior to that, she worked for several trade publications and in TV. She lived in Washington DC, where she worked for Al Jazeera English in 2010. She studied journalism and holds a postgraduate diploma in International Business Management from the George Brown College in Toronto and a Master of Business Administration diploma in government relations from Fundação Getúlio Vargas (FGV).

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