Dell isn’t exactly the greatest tech company either, and VMware did just fine under them. So it’s possible that Broadcom keeps a similar hands-off approach.🤞
Dell isn’t exactly the greatest tech company either, and VMware did just fine under them. So it’s possible that Broadcom keeps a similar hands-off approach.🤞
Dell seems to at least have some technical care left in them, though; with Broadcom I'm not so sure. I agree, though, fingers crossed. Hoping for the best but expectations are low, I guess.
Dell seems to at least have some technical care left in them, though; with Broadcom I'm not so sure. I agree, though, fingers crossed. Hoping for the best but expectations are low, I guess.
To be fair, when VMware was spun off from Dell last year, all the employees with stocks and options likely got a nice chunk of change from the $12B special dividend, and they will again if this...
To be fair, when VMware was spun off from Dell last year, all the employees with stocks and options likely got a nice chunk of change from the $12B special dividend, and they will again if this acquisition goes through…. So if I worked there I would be polishing my resume off as well, in prep for a more appealing position elsewhere (or for salary renegotiation purposes). Being part of a company involved in two big deals like that in such short order tends to give you a lot more employment flexibility. ;)
True, but this valuation actually isn’t all that bloated, IMO. VMware’s vSphere (hypervisor), vSAN (storage), and NSX (networking) absolutely dominate the virtualization market, and their revenue...
Yeah, and at this point I would even consider VMware by itself as being blue chip, so if/when the bubble bursts they will still be fine. This is a solid acquisition.
Yeah, and at this point I would even consider VMware by itself as being blue chip, so if/when the bubble bursts they will still be fine. This is a solid acquisition.
Yeah. VMWare isn't super known to consumers, because they don't really make products of interest to the consumer market (people wanting virtualization will use Virtualbox, and people wanting...
Yeah. VMWare isn't super known to consumers, because they don't really make products of interest to the consumer market (people wanting virtualization will use Virtualbox, and people wanting service isolation will use Docker or k8s, mostly), but they are absolutely titanic in the business space.
Well, it was worth $40b. You have to pay a premium typically to take a company private (plus, Dell needs to pay for all that interest they paid on their massive loan)
Well, it was worth $40b. You have to pay a premium typically to take a company private (plus, Dell needs to pay for all that interest they paid on their massive loan)
Well, this leaves me supremely non-confident in VMware's future. Broadcom is one of my least favorite tech companies to deal with products from.
Dell isn’t exactly the greatest tech company either, and VMware did just fine under them. So it’s possible that Broadcom keeps a similar hands-off approach.🤞
Dell seems to at least have some technical care left in them, though; with Broadcom I'm not so sure. I agree, though, fingers crossed. Hoping for the best but expectations are low, I guess.
Anecdotally, I've heard of people who work at VMware polishing up their resumes after hearing this news.
To be fair, when VMware was spun off from Dell last year, all the employees with stocks and options likely got a nice chunk of change from the $12B special dividend, and they will again if this acquisition goes through…. So if I worked there I would be polishing my resume off as well, in prep for a more appealing position elsewhere (or for salary renegotiation purposes). Being part of a company involved in two big deals like that in such short order tends to give you a lot more employment flexibility. ;)
VM Ware is worth $61 billion?!
We’re still in the tech bubble.
True, but this valuation actually isn’t all that bloated, IMO. VMware’s vSphere (hypervisor), vSAN (storage), and NSX (networking) absolutely dominate the virtualization market, and their revenue is reflective of that.
Whoa. I had no idea. That’s big money.
Yeah, and at this point I would even consider VMware by itself as being blue chip, so if/when the bubble bursts they will still be fine. This is a solid acquisition.
Yeah. VMWare isn't super known to consumers, because they don't really make products of interest to the consumer market (people wanting virtualization will use Virtualbox, and people wanting service isolation will use Docker or k8s, mostly), but they are absolutely titanic in the business space.
Well, it was worth $40b. You have to pay a premium typically to take a company private (plus, Dell needs to pay for all that interest they paid on their massive loan)