VMware to be Acquired by Broadcom. In an open letter to the media and stake holders, Raghu Raghuram, CEO, VMware, explains the entire situation.
Broadcom is one of the world’s largest technology companies and a leader in hardware infrastructure, data center and network innovation. Following the closing of the transaction, VMware will become the software platform and brand for Broadcom, incorporating Broadcom’s existing infrastructure and security software solutions as part of the VMware portfolio. We will provide enterprise customers an expanded suite of mission-critical solutions to accelerate innovation and address their most complex information technology infrastructure challenges. After the deal closes, the combined solutions will enable greater choice and flexibility for our customers to modernize, build, deploy, connect, and protect applications consistently, in a Multi-Cloud world.
The transaction is expected to close during Broadcom’s fiscal year 2023 (Nov. 2022-Oct. 2023). For us, it is business as usual, with our current and growing product portfolio and the same level of service and support as we continue to serve you and your teams. We remain focused on working with you to meet your digital business transformation goals.