‘The disruption in the infrastructure software space stemming from Broadcom’s recent acquisition of VMware is turning out to be more significant than we expected, per our recent round of VAR discussions,’ wrote a William Blair analyst in a research note published Wednesday. William Blair, the investment adviser, has upgraded VMware rival Nutanix shares from “market… … Read more
‘Effective Immediately: Strategic customer segments are no longer eligible for Opportunity Registration,’ Broadcom wrote to partners in a newly issued Opportunity Registration Policies, according to material obtained by CRN. Broadcom is taking VMware’s top customers direct—about 2,000 accounts, according to two estimates —and will reject attempts by partners to… Source link
‘I’m optimistic that we will meet the revenue criteria and continue to be partners, but I’m scared [expletive]-less about what is going on inside VMware,’ a longtime partner tells CRN. They might be scared, or angry, large or small, but the one thing all VMware partners have in common these days is a “termination notice” … Read more
Existing VMware partner agreements will be canceled by Broadcom on February 4. Partners must apply now to discover if they will be permitted to continue selling VMware By Broadcom. One source said partners making below $500,000 in annual VMware revenue are in danger of losing their partner status. Broadcom is terminating all of its partner … Read more
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
The uncertainty around VMware—now cut four ways under Broadcom—has been feeding a steady pipeline of customers to Nutanix partner Roundstone Solutions. “I’d say the last three months,” said CEO Tim Joyce of when the momentum started to pick up. “I was starting to talk to customers. And they were questioning their investment in VMware, whereas … Read more
Cloud News Wade Tyler Millward October 30, 2023, 09:08 AM EDT ‘These things are going to happen in the market whether you want them to or not. Technology is constantly changing,” Leostream CEO Karen Gondoly says. Leostream CEO Karen Gondoly
Cloud News Wade Tyler Millward August 21, 2023, 09:00 AM EDT ‘Our goal is to make the IBM Cloud proposition the best on the planet,’ IBM Cloud GM Alan Peacock tells CRN.
Cloud News Mark Haranas August 21, 2023, 10:42 AM EDT Broadcom says it is now set to acquire VMware for $61 billion on Oct. 30, 2023, after the deal received the green light from UK regulators Monday.