Tag: Broadcom

January 22, 2024

It took Broadcom 18 months to get all of the requisite approvals needed to finalize its $61 billion purchase of VMware. But once the deal was sealed in late November, CEO Hock Tan moved swiftly, announcing layoffs of thousands of […]

January 11, 2024

In a dramatic shift following Broadcom’s $61 billion acquisition of VMware in November 2023, the virtualization giant’s partner programs look to be undergoing a major shakeup that could affect many of its Cloud Service Providers (CSPs). The acquisition, which finally […]

May 31, 2023

Companies moving to the cloud often find themselves at a crossroads near the midpoint of their migrations, spending more than they intended and getting out less than they hoped. Often that’s because their IT organization isn’t equipped with the culture, […]

May 23, 2022

Broadcom Inc. is in talks to acquire VMware Inc., the cloud-computing company backed by billionaire Michael Dell, setting up a blockbuster tech deal that would vault the chipmaker into a highly specialized area of software. The takeover discussions are ongoing […]

September 3, 2020

Broadcom on Thursday reported better-than-expected third quarter financial results, thanks to strong demand from cloud and telecom customers. The company’s non-GAAP diluted earnings per share came to $5.40 on revenue of $5.821 billion. Analysts were expecting earnings of $5.24 on […]