Computer chip and software maker Broadcom says it has cleared all regulatory hurdles and plans to complete its $69 billion acquisition of cloud technology company VMware on Wednesday.
I would say it probably won’t go any worse than being bought by EMC, then by Dell, but at the time they were a darling mostly left alone. Now they’re kind of a dying market.
It’s not a dying market, everyone still relies on virtualization. But it is a saturated market, no more 20% growth years left, with plenty of cloud and open source competitors. Our financial systems hate a steady hand, and will tear apart VMWare instead.
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I would say it probably won’t go any worse than being bought by EMC, then by Dell, but at the time they were a darling mostly left alone. Now they’re kind of a dying market.
It’s not a dying market, everyone still relies on virtualization. But it is a saturated market, no more 20% growth years left, with plenty of cloud and open source competitors. Our financial systems hate a steady hand, and will tear apart VMWare instead.