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| The Morning Report — 1/22/24 »
January 22, 2024
Daily Tech News 22 January 2024
Top Story
- What the heck is Broadcom doing with VMWare? (MSN)
After Broadcom - which makes small boring chips in huge volumes - acquired VMWare for $69 billion, it laid off hundreds of staff, cancelled perpetual license in favour of subscriptions, and removed almost all product offerings.
Why?
As the article explains, it's because Broadcom only wants 600 customers for any of their business units. If you're not in the top 600 for that market, you simply don't exist, and your needs are irrelevant.
The company made $14 billion in profit last year so this approach seems to be working for them.
But if you're the 601st company on their list and reliant on VMWare, you're paying a lot of attention to competitors' products right now.
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Disclaimer: Rhymes with binternal bombustion bengine.

posted by Pixy Misa at 04:00 AM
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