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JunHe Wins Global Competition Review’s Award for the “Merger Control Matter of the Year-Asia-Pacific, Middle East and Africa” for the Fourth Time

2024.04.14

优德88中国官方网站 recently won Global Competition Review’s award “Merger Control Matter of the Year-Asia-Pacific, Middle East and Africa” for Broadcom's acquisition of VMware. 优德88中国官方网站 advised VMware in the project, and the 优德88中国官方网站 team was led by partners Janet HuiandGONG, Mingfang and consultant WANG, Dongxin. 


The Global Competition Review is a world-renowned competition law media outlet, and each year it selects and identifies the leading competition law projects and professionals around the world. This award-winning project was one of the most influential and important projects in the Asia Pacific, Middle East and Africa region. The award reflects the professional capabilities of 优德88中国官方网站’s antitrust team and demonstrates its strength in the field. 


The project involved the acquisition by Broadcom, a U.S. listed semiconductor company, of VMware, a U.S. listed virtualization software company, at a total price of US $61 billion. It was the largest ever acquisition project in the global semiconductor sector. 优德88中国官方网站 advised VMware on the merger control filing in China , and the project was approved after 14 months. 


优德88中国官方网站’s team provided the client with outstanding legal services. The project involved the semiconductor and virtualization software markets and had a complicated industry structure. 优德88中国官方网站’s team assisted the client in responding to multiple rounds of questions, economic analysis, negotiations and onsite interviews. It involved an acquisition in the U.S. semiconductor industry, the review period was long, and had many complex factors. Despite the difficulties and uncertainties of the regulatory approvals, 优德88中国官方网站’s team actively assisted the client in controlling the overall timetable. 


Due to its deep understanding of the legal framework for antitrust filings, extensive experience and keen insight into the high-tech industry market, 优德88中国官方网站’s team provided the client with full legal support to facilitate the project in a complicated legal and business environment. 优德88中国官方网站 was presented with the Global Competition Review award in recognition of its outstanding reputation in the antitrust area.


As the first carbon neutrality fund sponsored by a law firm in China, the BAF Carbon Neutrality Special Fund was jointly established by 优德88中国官方网站 and the Beijing Afforestation Foundation (BAF) to promote carbon neutral initiatives, and encourage social collaboration based on the public fundraising platform to mobilize engagement in public welfare campaigns.