Broadcom's $69 Billion Acquisition of VMware

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Broadcom has completed its $61 billion acquisition of cloud software maker VMware.

Hock Tan, president and chief executive officer of Broadcom, said on Wednesday the combined company would focus on enabling enterprises to build and modernize their private and hybrid cloud environments.

"Broadcom has a long track record of investing in the businesses we acquire to drive sustainable growth, and that will continue with VMware for the benefit of the stakeholders we serve," Tan said in a statement.

Chipmaker Broadcom plans to invest in VMware Cloud Foundation, the software stack for building cloud environments. Also, VMware will continue offering its catalog of cloud and edge software, including the Tanzu cloud-native application platform and VMware's software-defined edge for running enterprise and telco workloads across locations.

Where Broadcom hardware and VMware software might work together well is at the edge, where companies run computer systems to collect and analyze data gathered from devices running in stores, hospitals and factory floors.

"That's an area where Broadcom's hardware business might be a potential enhancement for VMware's [edge] strategy," said Shamus McGillicuddy, an analyst at Enterprise Management Associates.

McGillicuddy expects Broadcom to roll into VMware software from previous acquisitions, including security, infrastructure management, application development and network monitoring.

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From what I look into, prices plan to go up and Broadcom is already laying off VMware staff.
 
Hopefully, Broadcom will not cause a lot of workers losing their job, and Broadcom will not raise prices of VMWare software which could cause smaller companies to lay off workers to afford VMWare software programs.
 
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Wrong as they have on both accounts.

Hopefully, the increase in VMWare software prices will still be somewhat affordable for small and medium size buisnesses which may have to raise prices of their goods and services to afford to pay Broadcom's licensing prices.
 
It's not a time for businesses to be nice and look good to outsiders looking in. But we still have to blame a crappy market for that too.
 
I don't think this economy & the way it's going is a time to make major decisions. All the workers being laid off is a shame.
 
I wonder when Broadcom will decide to hire more workers again, and how long it would take for the lack of workers to negativelly affect the quality of VMware's customer service and software updates.
 
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