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EU commission clears acquisition of VMware by Broadcom
(ec.europa.eu)
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this post was submitted on 13 Jul 2023
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Technology
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Yay gotta love more corporate consolidation
Over here we consider Broadcom is where things go to die a slow death. There should be some form of rule if a company is not actively working on their products / retiring them then they need to make it freely accessible to the public.
Kind of. VMWare was bought by EMC back in 2004. EMC was acquired by Dell. Dell now sells VMWare to Broadcom. Not really consolidation, maybe more a spin-off this time 'round? I read this somewhere once: "Enterprise: A collective noun for a group of companies that spend lots of money on each other".
Broadcom’s stated goal of increasing VMware’s annual profits from $4.7 billion to $8.5 billion within three years. That sounds ... ambitious. Sure you can make some savings by de-duplicating backend business operations, but it still sounds like R&D cuts or price hikes are on the way :(
I mean, why not both? ;)