Lekha Gupta

Broadcom Powers Telia’s Modernization with VMware, Launches AI-Driven VeloRAIN & More

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Broadcom Powers Telia’s Modernization with VMware, Launches AI-Driven VeloRAIN & More

Broadcom Inc. (NASDAQ:AVGO) expanded its multi-year partnership with Telia Company to advance Telia’s modernization and transformation of telecom and cloud infrastructure using VMware’s product portfolio. The expanded use of VMware’s… Source link

VMware Posts Mixed Q2 Earnings, On Track To Close Broadcom Deal Next Month – VMware (NYSE:VMW)

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VMware Posts Mixed Q2 Earnings, On Track To Close Broadcom Deal Next Month – VMware (NYSE:VMW)

VMware Inc VMW reported a Q2 FY24 revenue increase of 2% Y/Y to $3.41 billion, missing the consensus of $3.46 billion. Subscription and SaaS revenue increased 34% Y/Y to $1.26 billion. Subscription and SaaS ARR were up 36% Y/Y to $5.31 billion. Non-GAAP operating income rose 1% Y/Y to $977 million. Non-GAAP EPS of $1.83 beat the consensus … Read more