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Cloud Infrastructure Services Providers in Europe has appealed the EU’s decision, arguing it ignored serious competition ...
Scale Computing is being acquired by edge-computing company Acumera for an undisclosed sum in a deal that doubles its revenue ...
After sending cease-and-desist letters to VMware users whose support contracts had expired and who subsequently declined to ...
Customers without active support contracts are being denied critical security updates, raising enterprise risk amid active ...
Broadcom's VMware acquisition has boosted recurring, high-quality software revenues. Click here to read why I would buy AVGO ...
European Union judges could review chipmaker Broadcom's $69 billion acquisition of cloud computing firm VMWare, after an ...
COMMENT Trade group Cloud Infrastructure Services Providers in Europe (CISPE) has filed a formal appeal before the European ...
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Broadcom says VMware is a better money-making machine than it hoped
Speaking on the giant conglomerate's Q4 2024 earnings call today, Broadcom CEO Hock Tan told investors VMware's quarterly costs have fallen from an average $2.4 billion to $1.2 billion in this ...
Broadcom is growing at more than 20% per year, whereas VMware’s latest quarter showed a disappointing 3% growth. Broadcom is mostly a hardware company, but its gross margin is in the high 70s.
The Broadcom Software Group will rebrand and operate as VMware once the transaction closes. The Exterior view of VMware headquarters in Palo Alto, Calif., Wednesday, Oct. 24, 2007.
Broadcom and VMware did not immediately respond to Reuters' requests for comment. VMware shares ended trading on Monday up 25% at $119.43, while Broadcom shares closed down 3% at $526.36.
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