# Broadcom's $5.9B acquisition of Brocade receives conditional approval from China

Broadcom's $5.9 billion takeover of Brocade has scored conditional approval from China's Ministry of Commerce, marking the latest clearance for the deal.

- Type: Acquisition
- Announced: 2017-08-23
- Where: United States
- Value: $5.90B
- Status: announced
- Products: networking equipment
- Sectors: [Semiconductors and Industrial Electronics](https://endata.com/sectors/semiconductors-electronics.md)

## Companies

- [Broadcom](https://endata.com/companies/19514.md) (acquirer)
- [Brocade](https://endata.com/companies/26492.md) (target)

## Sources

- [law360.com](https://www.law360.com/articles/956840/china-greenlights-broadcom-s-5-9b-brocade-buy), 2017-08-23: "Broadcom's anticipated $5.9 billion takeover of Brocade has scored conditional approval from China's Ministry of Commerce"

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.