A potentially $1 billion deal by semiconductor manufacturer Broadcom to sell a security software business it acquired with its $61 billion purchase of VMware last year has reportedly been put on hold, if not abandoned. Investment firm KKR had agreed to buy Carbon Black along with VMware’s entire end-user computing (EUC) business, including VMware’s Workspace … Read more
Broadcom acquired software maker VMWare in 2023 for $61bn Credit: Getty Images / Justin Sullivan Broadcom has announced it is pausing the sales process for security software business Carbon Black, valued at $1bn. According to people… Source link
“[W]e … do not want to be distracted by non-core focus. And VMware for us is about core,” said Hock Tan, head of Broadcom. Source link
Broadcom CEO Hock Tan said the company’s integration of VMware will take a year and cost around $1 billion in “transition spending.” Source link
Updated Broadcom CEO Hock Tan has announced his intention to divest VMware’s end-user computing and Carbon Black units, and signalled a rapid shift to subscription licenses of bigger software bundles. Speaking on Broadcom’s Q4 2023 earnings call, Tan told investors “We are now refocusing VMware on its core business of creating private and hybrid cloud … Read more
Carbon Black now operates as an autonomous business unit within Broadcom and no longer reports to VMware, VP and GM Jason Rolleston said. Source link
Virtualization News O’Ryan Johnson, Steven Burke November 28, 2023, 07:36 PM EST Broadcom is directing VMware partners not to mix products from Carbon Black and VMware End-User Computing in with sales of other products as it considers “strategic alternatives” for those business units, which it picked up last week when it closed its … Read more
Black Maple Capital Management LP bought a new position in shares of VMware, Inc. (NYSE:VMW – Free Report) during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund bought 21,400 shares of the virtualization software provider’s stock, valued at approximately $2,672,000. VMware comprises about 2.5% of … Read more
For over 25 years VMware has been developing cutting edge virtualization software and leading the way in cloud computing. VMware Carbon Black (formerly Bit9) was acquired by the virtualization giant in 2019. The company has a specific emphasis on cloud-native endpoint security solutions. Its creation, VMware Carbon Black Cloud Workload Protection, provides vulnerability assessment and … Read more
VMware Inc. acquired Carbon Black for around $2.1 billion in 2019. Back then, the intent was to strengthen its cloud-native security chops. Fast forward to today, and signals are emerging from VMware indicating a renewed emphasis on Carbon Black’s original value area, driving intrinsic security. VMware is also investing in the security, including growing and … Read more