End of road for VMware’s end-user computing and security units: Broadcom

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All this comes as the global market continues to look rosy for IT and cloud spending. Recently, Gartner forecasted that most major markets would see healthy growth in IT spending for 2024, including Europe, where it’s projected to be up 9% for the year, and India, which is projecting 11% growth.

Globally, IT spending is on track to jump 8% worldwide in 2024, the research firm said.

Broadcom forecasted a consolidated revenue of $50 billion for fiscal year 2024, with significant…



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