Broadcom’s ‘Driving Force’ CEO Hock Tan Gets A $161.8 Million Fill-Up

Broadcom’s ‘Driving Force’ CEO Hock Tan Gets A 1.8 Million Fill-Up

Broadcom’s board called CEO Hock Tan the company’s ‘driving force,’ while three other executives won praise for their work moving the company’s $69 billion deal to buy VMware through regulators around the world. Compensation for these executives increased 211 percent year over year, from $77 million in 2022 to $242 million in 2023. Broadcom CEO… … Read more

COLUMN: A Tale Of Two VMwares

COLUMN: A Tale Of Two VMwares

CRN’s Steve Burke contrasts Michael Dell’s channel leadership and nurturing of VMware as a crown jewel for Dell EMC with the shock to the system that partners have experienced in the wake of Broadcom’s $69 billion acquisition of VMware. When Dell Technologies Chairman and CEO Michael Dell spearheaded the acquisition of EMC and VMware in … Read more

KKR’s $3.8B Rescue Of Broadcom’s VMware EUC Business: 5 Things To Know

KKR’s .8B Rescue Of Broadcom’s VMware EUC Business: 5 Things To Know

KKR is promising to expand R&D, pursue new strategic partnerships and invest in employee ownership. Partners say the increased investment is a big boost to the strong VDI technology stack. Broadcom announced it would look for a home for the EUC and Carbon Black products when it closed on the $69 billion acquisition of VMware. … Read more

KKR Announces $4B Deal For VMware’s End-User Computing Business

KKR Announces B Deal For VMware’s End-User Computing Business

“The paralysis that had overtaken the VMware EUC business is gone,” said Jed Ayres, CEO of ControlUp, a leader in the digital employee experience software market. “KKR is going to provide innovation, investment, leadership, vision and stability. KKR is going to be a stabilizing force for this business. This is a great thing for the … Read more

How VMware partners are reacting to Broadcom’s takeover

How VMware partners are reacting to Broadcom’s takeover

Broadcom recently published a corporate blog welcoming more than 18,000 active VMware resellers into the Broadcom fold A former VMware employee said a lot of resellers are looking for alternatives and already selling other companies solutions Cato, Netskope, Nutanix, Scale Computing and verge.io are all aggressively going after VMware’s customers Silverlinings checked in again with our VMware source, former employee Michael Leonard to get more … Read more

Dell Technologies Killed ‘Significant And Complex’ Five-Year Deal With VMware, Two Years Early

Dell Technologies Killed ‘Significant And Complex’ Five-Year Deal With VMware, Two Years Early

Dell represented VMware’s “largest route-to-market” and it has generated $17.3 billion in sales for the virtualization giant, as of November 2023, according to SEC filings. But Dell nixed the deal that hauled in that revenue last week. Dell Technologies has generated at least $17.3 billion in revenue for VMware since 2021, and it annually provided … Read more

Broadcom Channel Chief Cindy Loyd On Simplifying VMware, Minimizing Disruption And Driving Partner Profitability

Broadcom Channel Chief Cindy Loyd On Simplifying VMware, Minimizing Disruption And Driving Partner Profitability

‘Change is disruptive and that’s a lot of change all at once. We did look at areas that were successful and retained those elements, taking opportunities to minimize disruption where it made sense. For example, to minimize disruption, we mapped your previous program tier over to the same tier in the Broadcom Advantage Partner Program,’ … Read more

Broadcom Is Making Shareholders Rich, Rivals Happy And VMware Partners Bitter

Broadcom Is Making Shareholders Rich, Rivals Happy And VMware Partners Bitter

‘There are a lot of disenfranchised VMware partners out there who are heading our way,’ said David Gwyn, senior vice president, worldwide channels and customer success, at Nutanix. Two months after buying the global leader in virtualization, Broadcom is making two groups very happy: Broadcom shareholders and VMware competitors. Shareholders have seen the stock… Source … Read more

Wall Street Credits Partners for Lifting Nutanix – Channelnomics

Wall Street Credits Partners for Lifting Nutanix – Channelnomics

Amid the disruptions in the legacy VMware channel following the acquisition by Broadcom, one investor sees Nutanix gaining with the help of affected resellers.By Larry Walsh Broadcom wasted no time in reshaping the VMware channel to align with its go-to-market vision, altering the nature and structure of its relationships with thousands of the virtualization software … Read more