VMware Inc.’s user event last week in Las Vegas, Explore, formerly known as VMWorld, offered a cornucopia of news, with multicloud and artificial intelligence the overarching themes. Given the pending acquisition by Broadcom Inc. and the fact that this was the first user event with Raghu Raghuram (pictured) as chief executive for a full year, I … Read more
NEW DELHI: Cloud and virtualisation major VMware expects wide-scale deployment of OpenRAN-based 5G in 2025 by Indian telecom operators who will run large-scale proof of concepts (PoCs) and technology trials next year. “I expect 2024 there will be some [OpenRAN] announcements but not wide-scale deployment yet in India. The wide-scale deployment has started in the … Read more
TeraSky’s customer dedication earns them 7th VMware Award in 5 years in the 2023 VMware Partner Achievement Awards Many businesses continue to face challenges as they look to digitally transform how they operate and serve customers. With on-premises systems and private clouds often relying on outdated—or soon-to-be-outdated tools—companies need more agile, future-proof solutions. For TeraSky, helping … Read more
Here is your Pro Recap of the biggest analyst cuts you may have missed since yesterday: downgrades at VMware, Celanese, Upwork, and Farfetch. InvestingPro subscribers got this news first. Never miss another market-moving headline. VMware cut to Neutral as Broadcom takeout wraps up Monness, Crespi, Hardt downgraded VMware (NYSE:) to Neutral from Buy ahead of … Read more
IBM is an iconic American technology brand. Since the earliest days of the computer industry—from the development of mainframes through the advent of disk drives—into the 21st century and the emergence of the metaverse, IBM has been at the forefront of innovation. Hear from IBM on the unique solutions that allow customers to take advantage of the … Read more
In Klauber v. VMWare, the First Circuit upheld an employer’s use of a provision in its compensation plan that allowed it to modify commissions on certain large or atypical sales. These “windfall” clauses are common in sales commission plans, and the First Circuit’s decision affirms that employers may continue to use them without violating the … Read more
Partnership enables enterprises to ready their businesses for generative AI with support for data privacy, security and control. Source link
VMware VMW is slated to release its second-quarter fiscal 2024 results on Aug 31. The Zacks Consensus Estimate for quarterly earnings has been unchanged over the past 30 days at $1.66 per share, suggesting 1.22% growth from the figure reported in the year-ago quarter. Further,… Source link
Broadcom CEO Hock Tan says he’s “even more excited” about closing the Broadcom-VMware pairing, now that he went to VMware Explore 2023 Source link
With the latest VMware earnings on deck this week, and the Broadcom purchase looming, one investment firm on Monday downgraded its rating of the multicloud provider. Source link