Broadcom Chief Simplifies VMware’s Product Line After  Billion Acquisition: Report – Broadcom (NASDAQ:AVGO)

Broadcom Chief Simplifies VMware’s Product Line After $69 Billion Acquisition: Report – Broadcom (NASDAQ:AVGO)

Broadcom Inc.’s AVGO $69 billion acquisition of VMware in 2023 marked a significant shift in the tech industry.

In the year following the deal, Broadcom drastically reduced the number of VMware products from thousands to just five, responding to customer feedback that the original plan for only four bundles was too limiting, Financial Times reports, citing an interview with Broadcom CEO Hock Tan.

Tan explained that simplifying VMware’s offerings made the product “easier” to…

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https://www.benzinga.com/trading-ideas/movers/25/01/43097569/broadcom-chief-simplifies-vmwares-product-line-after-69-billion-acquisition-report

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