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Intel, Red Hat, VMware, and several other companies are participating in the Open Platform for Enterprise AI (OPEA).
Broadcom reportedly accused of changing VMware licensing and support conditions.
It may seem like a paradox to have virtualized Kubernetes clusters. Loft Labs saw a similar problem with resource utilization in Kubernetes clusters that VMware saw with server utilization, and has built a virtualization tool to make them more efficient by sharing common underlying applications. There are a set of applications that run with every single Kubernetes environment, like Istio, Rancher, and Vault, and it gets expensive and unwieldy to manage and run these across multiple containers, especially as you scale.
U.S. chipmaker Broadcom is being asked by EU antitrust regulators about changes to newly acquired cloud computing company VMware's licensing conditions following complaints from a spate of EU business users and a trade group. The EU competition enforcer said it had sent requests for information to Broadcom to investigate the issue. "The (European) Commission has received information suggesting that Broadcom is changing the conditions of VMware's software licensing and support," a spokesperson said on Monday.
Industry groups aren't giving up hope for government intervention.
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Proxmox is a Linux-based hypervisor that could replace ESXi for some users.
After an epic rise in stock price fueled by the acquisition of VMware, is it time to pause on this semiconductor stock?
Every weekday, the Investing Club releases the Homestretch; an actionable afternoon update just in time for the last hour of trading.
VMware ESXi, Workstation, Fusion, and Cloud Foundation all affected.
Barcelona, Spain--(Newsfile Corp. - March 4, 2024) - On the afternoon of February 28, 2024, amidst the Mobile World Congress...
Singtel and Broadcom partner to enable seamless enterprise connectivity and cloud infrastructure management through Singtel Paragon and VMware Edge Cloud...
Broadcom stops sale of Carbon Black security business as offers fall short of expectations.
CHIPMAKER Broadcom is selling a unit that allows users to access desktops and applications from any device to private-equity firm KKR in a US$4-billion deal to streamline its portfolio after the US$69-billion purchase of VMware last year.
Tan's 2023 pay, which was fueled by stock awards of $160.5 million, was 510 times the median salary of employees at the chip firm. His pay in 2022 came in at $60.6 million, with $53.9 million in stock awards. Broadcom posted 2023 revenue of $35.82 billion, and its stock has risen about 17% so far in 2024 after nearly doubling last year.
Chipmaker Broadcom CEO Hock Tan's annual compensation more than doubled to $161.8 million in 2023, a filing with the Securities and Exchange Commission (SEC) showed on Monday. Tan's 2023 pay, which was fueled by stock awards of $160.5 million, was 510 times the median salary of employees at the chip firm. His pay in 2022 came in at $60.6 million, with $53.9 million in stock awards.
As Broadcom looks to recover some of its investment in the VMware deal, it sells off two pieces from the end user computing division.
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Broadcom is nearing the sale of its software business to KKR for $4 billion.
Broadcom is nearing a $3.8 billion deal to sell its business that allows users to access desktops and applications from any device to private-equity firm KKR.
Chipmaker Broadcom is nearing a $3.8 billion deal to sell its business that allows users to access desktops and applications from any device to private equity firm KKR, people familiar with the matter said on Saturday. The potential deal represents an effort by Broadcom CEO Hock Tan to streamline the company's portfolio after completing its $61 billion takeover of software maker VMware in November. KKR prevailed in the auction for the end-user computing (EUC) unit over other private equity firms, including EQT, the sources said.
Broadcom has cut VMware products, perpetual licenses, and its partner program.
Broadcom and Google Cloud partner to enable license portability of VMware Cloud Foundation to Google Cloud VMware Engine by 2024.
Software's free version was a good fit for tinkerers and hobbyists.
Many cybersecurity stocks had a good run in 2023, despite macro concerns, but these three have no hope for 2024.
Dell (NYSE:DELL) disclosed in an SEC filing on Tuesday after the bell that it has delivered to Broadcom a notice of termination of its commercial framework...
Goldman Sachs reinstated Buy rating on Broadcom (AVGO) with a $1325 price target, expecting revenue growth in AI-related businesses, among other things. Read more here
Nutanix (NTNX) shares gained more than 4% on Wednesday as investment firm William Blair upgraded the cloud software company, citing a "tectonic shift" in the in