After Nutanix CEO Rajiv Ramaswami was “approached” about a role with a competitor, the Nutanix board responded with an “off-cycle” stock award worth nearly $50 million, citing “immediate retention concerns,” according to a… Article Source https://www.crn.com/news/data-center/2024/nutanix-ceo-pay-package-jumps-to-51m-after-being-approached-by-rival
‘Nutanix has sensed blood in the water from the Broadcom acquisition and it is making a big push to do right by partners,’ says Gary McConnell, CEO of Nutanix partner VirtuIT. ‘They’ve rolled out a ton of training and have… Article Source https://www.crn.com/news/data-center/2024/broadcom-s-vmware-customers-target-of-nutanix-higher-incentive-partner-tier
Shares of hybrid cloud software provider Nutanix (NASDAQ: NTNX) rallied 25.1% in the month of August, according to data from S&P Global Market Intelligence. Nutanix’s fiscal fourth-quarter earnings report, released on Aug. 28, outpaced analyst… Article Source https://finance.yahoo.com/news/why-nutanix-rallied-25-1-140000445.html
‘The transformation of the business model of VMware continues to progress very well .. The success of this strategy was reflected in the performance in Q3. We booked more than 15 million CPU cores of VCF,’ Broadcom CEO Hock… Source link
‘Our partners now are going to be able to have a much more comprehensive conversations with their customers on that hypervisor strategy topic,’ Dell Technologies executive Drew Schulke tells CRN. Dell Technologies and Nutanix are partnering on new storage device products and new go-to-market strategy that is taking dead aim at the market looking for … Read more
On June 18, 2024, Rajiv Ramaswami, President and Chief Executive Officer of Nutanix Inc (NASDAQ:NTNX), sold 23,986 shares of the company. The transaction was documented in a recent SEC Filing. Following this sale, the insider now owns 407,045 shares of Nutanix Inc. Nutanix Inc (NASDAQ:NTNX) specializes in cloud software and hyperconverged infrastructure solutions, making computing … Read more
Nutanix CEO Rajiv Ramaswami updated investors on the company’s performance and highlighted the challenges posed by larger deals that require strategic decisions and C-suite approvals. The shift in VMware customers due to Broadcom’s price changes is leading to more discussions about switching, but the complexity of these deals is making short-term revenue predictions difficult. The … Read more
‘VMware Cloud on AWS is no longer directly sold by AWS or its channel partners. It’s that simple,’ says Broadcom CEO Hock Tan. Amazon Web Services and AWS channel partners can no longer resell VMware Cloud on AWS, as Broadcom forces joint customers to have to buy the offering direct from VMware by Broadcom now. … Read more
“It’s created a demand spike for the product. Customers on VMware environments mostly prefer to lock in their perpetual licensing for three more years before any price increases kick in,” one VxRail seller tells CRN. The death of VMware’s perpetual licenses has come calling for Dell Technologies’ VxRail, with customers racing to lock in prices … Read more
Customers will also lose the ability to set user permission, manage enterprise agreements, or purchase support between April 30 and May 6, according to an update to VMware’s knowledge base Tuesday. Broadcom is suspending all VMware sales and upgrades—along with nine other critical features —for a week so it can move VMware’s SAP-based ERP (enterprise … Read more