Hock Tan convinced Michael Dell and looks like the deal will be complete(Day 2) in 6 months. Official announcement https://www.broadcom.com/company/news/financial-releases/60271
I thought Broadcom is a pretty popular brand. Kind of strange for a hardware company to rebrand under a software brand. Especially a brand that has changed hands several times in the last decade!
Just the software portion will rebrand
switch-aaS coming soon
They are negotiating between nutanix and vmw . If vmw deal does not happen , it will be nutanix
They announced an "agreement to acquire" today. VMware is confirmed.
https://www.broadcom.com/company/news/financial-releases/60271
F
Curious what happens to you guys? No way you get let go because the engineers at VMware make it what it is.
hell hath no fury like hok tan downsizing
If you had made money off of this “insight” that would be felony insider trading and you’d be going to prison
Only if OP is not a member of congress.
OP is just a thundering dumbass for thinking that was a smart detail to include
Guy is a fucking salesman. Sold Avgo to Broadcom then turned around and sold broadcom to VmWare. If you're not careful, he may as well sell his undies as Jeans to some poor bastard
I thought Avago acquired Broadcom, not the other way around.
Yes, acquired Broadcom
What’s the multiple on the deal?
Is this a good or bad thing? I was so close to joining VMWare.
Many insiders consider it to be super bad
To put things into context. VmWare despite being a pseudo software company has worse margins than Broadcom, a hardware company
VMware is worth 61 billion, slightly more than Twitter (43b)
Slightly
Just 18 billion. 'Slightly' is a good word for 40 percent extra. Or not.
Damn, just got an offer from vmware. Wondering how it goes. I think I should start looking for my next job…
It did not go very well for me when AVGO took over Broadcom in 2015
Our RSU packages are god tier tho
It was out two days ago that broadcom is in talks to to acquire VMware.. 3 days old url https://www.bloomberg.com/news/articles/2022-05-22/broadcom-said-to-be-in-talks-to-acquire-vmware
It was confirmed this morning by a presser.
LOLLLL