BRUSSELS, July 12 (Reuters) - U.S. chipmaker Broadcom (AVGO.O) secured EU antitrust approval on Wednesday for its $61 billion proposed acquisition of cloud computing firm VMware (VMW.N) after offering remedies to help rival Marvell Technology (MRVL.O).
The deal, Broadcom's largest ever, will help the chipmaker diversify into enterprise software.
Broadcom offered Marvell and other rivals interoperability commitments related to its Fibre Channel Host-Bus Adapters (FC HBAs), a kind of storage adapters, the European Commission said, confirming a Reuters story last month.
Marvell and other rivals will also have guaranteed access to the source code for all of Broadcom's current and future FC HBA drivers through an irrevocable open source license.
"The commitments offered by Broadcom will enable its only rival Marvell, to continue competing on equal footing and ensure a similar protection for any future entrants," EU antitrust chief Margrethe Vestager said in a statement.
Persons:
Marvell, Margrethe Vestager, Foo Yun Chee, Jason Neely
Organizations:
chipmaker Broadcom, VMware, Marvell Technology, Broadcom, Marvell, Fibre, HBAs, European Commission, Reuters, FC HBAs, FC HBA, U.S . Federal Trade Commission, European Union, Thomson
Locations:
BRUSSELS, Australia, Brazil, Canada, South Africa, Taiwan