CEO Rajiv Ramaswami explains AMD’s new $250 million partnership and investment with Nutanix, and continuing to win over Broadcom-VMware customers.
Nutanix’s CEO added more details Wednesday about the company’s new AMD partnership—which includes AMD pledging $100 million in R&D and $150 million in Nutanix stock—as well as its attempts to win over VMware-Broadcom customers.
“Broadcom is focused on continuing to protect their largest customers and trying to lock in people as much as they can,” said CEO Rajiv Ramaswami during a media Q&A session after the company’s second fiscal quarter earnings call.
“People don’t necessarily think of Broadcom as a long-term partner for them,” he said. “Largely, I would say they are shedding customers. … We are still continuing to add new customers at a healthy clip. We…
