The rising use of software in most businesses and the growing popularity of flexible software solutions are expected to drive growth in the software industry. So, investors could consider A-rated software stocks VMware, Inc. (VMW), Informatica Inc. (INFA), and Pegasystems Inc. (PEGA). These stocks are A-rated in our proprietary rating system. The software market is … Read more
News Post-VMware Buy, Broadcom Kills Perpetual Licenses in Favor of Subscriptions Broadcom is discontinuing sales of perpetual licenses for over a dozen VMware products, the company announced this week. The move comes less than a month after the completion of Broadcom’s acquisition of the virtualization giant for a reported $69 billion. The end of perpetual … Read more
South Korea’s Fair Trade Commission has conditionally approved Broadcom’s acquisition of VMware, leaving China as the holdout ahead of the forecast October 30 closing day for the mammoth deal. The Commission on Monday published its decision, which expresses concern that Broadcom’s ownership of VMware could reduce competition for fiber channel host bus adapters (HBAs). The … Read more
News Home Thursday, October 12, 2023 11:28 AM | InvestorsObserver Analysts Mentioned in this article … Source link
New surveys from ShapeBlue and VergeIO ask, is VMware losing customers as the Broadcom buy looms? The answer appears to be yes. Source link
VMware last week held a staff meeting at which it reportedly foreshadowed job cuts – perhaps before its acquisition by Broadcom closes in late October. The Register has confirmed that the meeting took place last week and that it was a regular quarterly company update that featured a Q&A session with staff. Accounts of the … Read more
Broadcom CEO Hock Tan has dismissed concerns that China could derail the semiconductor giant’s acquisition of VMware. UK authorities recently approved the deal, and US authorities haven’t raised objections within a timeframe that would indicate Uncle Sam intends to halt the transaction ahead of its expected October 31 conclusion. Think it through, read it through … Read more
“You write what you need to win.” That’s what I was told during VMware’s Explore conference last week by a very senior Virtzilla executive who was directly involved in efforts to have UK regulators approve Broadcom’s acquisition of the virtualization giant. Among the tactics deployed to win approval was an extraordinary document that argued VMware … Read more
VMware (NYSE:VMW – Get Free Report) was downgraded by equities research analysts at StockNews.com from a “strong-buy” rating to a “buy” rating in a research report issued to clients and investors on Wednesday. Several other analysts also recently weighed in on the company. BMO Capital Markets boosted their price target on VMware from $139.00 to … Read more
A sampling of VMware partners at this week’s VMware Explore shows they’re cautiously optimistic about the upcoming acquisition by Broadcom. Source link