In 2022, Broadcom announced plans to acquire VMware for $69 billion. Broadcom is a technology company known for its hardware and semiconductor products. VMware is a leader in cloud and virtualization technology. Both parties supply inputs to servers.

Bates White was retained on behalf of VMware to support the merging parties’ advocacy efforts, which were primarily focused on vertical foreclosure theory. The Bates White team conducted analysis and designed a survey to examine whether the proposed transaction would give Broadcom an incentive to make VMware’s software product unavailable or less favorable to Broadcom’s hardware rivals.

This transaction was investigated in multiple jurisdictions, including the United States, European Union, United Kingdom, and China. The transaction closed globally in 2023.

The expert Nicholas Hill was supported by a team that included Bennett Adamson, Naibin Chen, Yash Dhuri, Mashfiqur Khan, Mico Mao, Lucy Nguyen, Annie Olecki, and Matt Wohlleben.

The team

The team also includes

Related practices and specialties

Jump to Page

Get in touch.

Partner with a firm that delivers rigorous economic research and practical advice.