Everything we know about what’s going on at VMware as employees leave in droves ahead of the $61 billion Broadcom acquisition
Broadcom bet $61 billion on VMware to expand its business in the cloud. But customers and employees alike say the deal is squandering VMware''s success. Insider took a deep dive into the frustrations bubbling up in the VMware ecosystem amid the buyout. In May, the chip giant Broadcom announced it would acquire the software firm VMware for a whopping $61 billion. While the deal has yet to close, it''s already causing chaos for some employees and insiders in the VMware ecosystem. The buyout could help Broadcom''s push into the software industry and VMware''s effort to grow its size. Yet the talent at VMware has started to leave the company because of uncertainty around the deal''s influence and hints from Broadcom''s CEO about ending remote work. Customers are also picking up on the tension as deals fall through, with some smaller customers worried they''ll get left behind. Here''s everything we know about the acquisition so far, based on Insider''s conversations with partners, customers, and insiders at the companies.
Everything we know about what’s going on at VMware as employees leave in droves ahead of the $61 billion Broadcom acquisition
Broadcom bet $61 billion on VMware to expand its business in the cloud. But customers and employees alike say the deal is squandering VMware''s success. Insider took a deep dive into the frustrations bubbling up in the VMware ecosystem amid the buyout. In May, the chip giant Broadcom announced it would acquire the software firm VMware for a whopping $61 billion. While the deal has yet to close, it''s already causing chaos for some employees and insiders in the VMware ecosystem. The buyout could help Broadcom''s push into the software industry and VMware''s effort to grow its size. Yet the talent at VMware has started to leave the company because of uncertainty around the deal''s influence and hints from Broadcom''s CEO about ending remote work. Customers are also picking up on the tension as deals fall through, with some smaller customers worried they''ll get left behind. Here''s everything we know about the acquisition so far, based on Insider''s conversations with partners, customers, and insiders at the companies.