Since hitting a low of just over $14 a share in mid-2022, Nutanix Inc.’s stock price trajectory has been mostly up and to the right. Shares closed at over $64 on Friday, nearly doubling over the past six months. The company’s fiscal second-quarter financial results topped revenue and earnings expectations on steady organic growth, and … Read more
Broadcom’s acquisition of VMware sent ripples through the enterprise software market, with many in the industry anticipating that this change in ownership would kickstart significant operational and strategic transformations throughout the business. They were right. The company recently announced that VMware would move from perpetual licenses to a subscription model. This change, while ostensibly aimed … Read more
The shockwaves from Broadcomâs acquisition of VMware continue to resonate across the entire tech landscape. VMware isnât just another company â its virtualization technology is woven into the fabric of modern IT. The potential for change under Broadcomâs guidance is met with both hopeful speculation and deep-seated worry. Having closely monitored the developments, I want … Read more
In an ambitious move to redefine network capabilities, Dish Wireless and Vodafone are incorporating VMware’s advanced telecom services, a recent acquisition by Broadcom, into their networks. This strategic integration aims to address the complexities of modern telecommunication networks and enhance operational efficiency and customer experience. Dish Wireless is piloting the VMware Telco Cloud Service Assurance … Read more
CRNâs Steve Burke contrasts Michael Dellâs 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 Broadcomâs $69 billion acquisition of VMware. When Dell Technologies Chairman and CEO Michael Dell spearheaded the acquisition of EMC and VMware in … Read more
Investment firm KKR has reached a definitive agreement to acquire Broadcom‘s End-User Computing Division (EUC Division) for roughly $4 billion. The transaction will transform the EUC Division into an independent entity. Previously part of VMware before Broadcom’s acquisition, the EUC Division specialises in digital workspace technologies. It offers Horizon, a virtual desktop and application platform, … Read more
âThe paralysis that had overtaken the VMware EUC business is gone,â said Jed Ayres, CEO of ControlUp, a leader in the digital employee experience software market. âKKR 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
Chipmaker Broadcom Inc. is reportedly looking to offload VMware Inc.’s End User Compute business to the private equity firm KKR & Co Inc. in a deal worth $3.8 billion. Reuters said Saturday that the proposed deal is the latest in a series of moves by Broadcom Chief Executive Hock Tan to streamline its business operations … Read more
VMware’s end-user compute business unit is set to be acquired by private equity firm KKR, according to a Reuters report that claims the deal will see $3.8 billion change hands. If the deal is done, it will see VMware’s desktop virtualization and application publishing estate offloaded, per plans Broadcom announced in December 2023. The Register … Read more
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