Broadcom’s boss Hock Tan more than doubled his total compensation package in fiscal 2023, which will no doubt be well received by the thousands of small VMware customers and cloud providers he’s upset. The one-time chip biz that has ambitions to become the “world’s leading infrastructure company” this week released a proxy statement ahead of … Read more
Scale Computing CEO Jeff Ready says that his company is moving aggressively to capture the Broadcom VMware customer and partner windfall with a VMware “Rip and Replace” promotion. Scale Computing CEO Jeff Ready said there is a Broadcom-VMware ‘Rip and Replace’ surge taking hold among partners and customers. “It is just blowing up,”… Source link
Broadcom’s CEO vows to find ‘good homes’ for Carbon Black and VMware’s End-User Computing businesses as he lays out revenue projections for VMware that include double-digit growth and microservices. Broadcom CEO Hock Tan is betting that VMware—minus Carbon Black and VMware’s End-User Computing Group—will deliver $12 billion in revenue in the next 11 months and… … Read more
FILE: A sign is posted in front of a Broadcom office on June 03, 2021 in San Jose, California. Justin Sullivan/Getty Images San Jose-based Broadcom has closed its $69 billion acquisition of VMware, and a massive layoff round is next on the tech giant’s agenda. Broadcom, a semiconductor and software company, is laying off 1,267 VMware … Read more
Chip manufacturer Broadcom wrote the latest chapter in the long story of return-to-office tensions between bosses and employees. After completing its $69 billion acquisition of cloud computing company VMWare, Broadcom CEO Hock Tan issued a direct order to his new employees about where they must work. “If you live within 50 miles of an office, … Read more
Some of the most prized aspects of VMware’s culture likely won’t survive the Broadcom acquisition. Broadcom closed its $69 billion acquisition of VMware on November 22. On Tuesday, Broadcom CEO Hock Tan addressed questions from VMware employees in an all-hands meeting. Some employees asked about company culture perks such as employee-resource groups and company-wide parties … Read more
Broadcom CEO Hock Tan said in an all-hands that he expects employees living within 50 miles of an office to return to in-person work. Tan addressed employees at a meeting on Tuesday after Broadcom closed its $69 billion acquisition of VMware on November 22. One question submitted was: “What can you tell me about headquarters, … Read more
Broadcom CEO Hock Tan told employees in an email last week following the company’s acquisition of VMware that it would review “strategic alternatives” of two of its business units. Broadcom closed the $69 billion deal on November 22. Tan said that Broadcom would continue to support the End-User Computing and Carbon Black cybersecurity units while … Read more
Cyber security and compliance specialist Proofpoint has appointed former VMware president Sumit Dhawan as its new chief executive officer. Effective immediately, Dhawan replaces Rémi Thomas in the hot seat, who has been overseeing the business as interim CEO since 25 October and who will continue to serve as Proofpoint’s CFO. A seasoned technology leader with … Read more
VMware president Sumit Dhawan has left the newly-acquired org to join security software vendor Proofpoint as its CEO. Proofpoint announced the appointment on Tuesday, praising Dhawan’s track record. Proofpoint’s previous CEO, Ashan Willy, stepped down “to pursue an opportunity outside of the cyber security space” in October. CFO Rémi Thomas occupied the big chair until … Read more