It seems that Broadcom isn’t quite finished with its shake-up of VMware just yet, as it plans to sell off its End-User Compute (EUC) arm. According to reports, Broadcom, which bought VMware in November 2023, is selling the EUC portion to KKR, a private equity firm that already owns cyber security firm Barracuda Networks, as … Read more
“[W]e … do not want to be distracted by non-core focus. And VMware for us is about core,” said Hock Tan, head of Broadcom. Source link
Several panelists at the Cloud Executive Summit spoke out against the push around multi-cloud Though there are some valid uses for multi-cloud deployments, most enterprises don’t actually need to go this route The decision whether or not to go multi-cloud should be tied to specific business outcomes rather than done just for the sake of … Read more
Federated Hermes Inc., an investment management company, recently acquired a new position in VMware, Inc. during the first quarter of this year. According to their Form 13F filing with the Securities & Exchange Commission (SEC), Federated Hermes Inc. purchased 1,970 shares of VMware’s stock, amounting to a total value of approximately $246,000. VMware is a … Read more