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Broadcom's $69B acquisition of VMware wins provisional approval in UK and EU after addressing competition concerns

  • Broadcom aims to diversify into enterprise infrastructure software with VMware acquisition.
  • EU approved deal after Broadcom guaranteed access for VMware rivals.
  • UK regulator provisionally cleared deal, saying it would not weaken competition.
  • Deal highlights Broadcom's shift into enterprise software.
  • Acquisition still requires approval from US Federal Trade Commission.
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