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VMware, Nvidia Partner to Develop Software Tools for Companies That Want Their Own AI
VMware on Tuesday said it has developed a new set of software tools in partnership with Nvidia aimed at businesses which want to develop generative artificial intelligence in their own data centers rather than the cloud. VMware, which is close to being acquired by chip firm Broadcom in a $69 billion (nearly Rs. 5,73,000 crore) deal, makes softwar...
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Broadcom Gets EU Antitrust Approval on VMware Acquisition Deal
US chipmaker Broadcom secured EU antitrust approval on Wednesday for its $61 billion (nearly Rs. 5,00,300 crore) proposed acquisition of cloud computing firm VMware after offering remedies to help rival Marvell Technology. The deal, Broadcom's largest ever, will help the chipmaker diversify into enterprise software.
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Broadcom Said to Gain Conditional EU Antitrust Approval for VMware Deal
US chipmaker Broadcom is set to gain conditional EU antitrust approval for its $61 billion (nearly Rs. 5,03,000 crore) proposed acquisition of cloud computing firm VMware, people familiar with the matter said, sending its shares up by almost 5 percent. The European Commission's clearance is tied to remedies relating to Broadcom's interoperability w...
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Broadcom CEO Seeks to Convince EU Antitrust Enforcers on $61 Billion VMware Deal
US chipmaker Broadcom's Chief Executive Hock Tan on Friday will try to convince EU antitrust enforcers that his proposed $61 billion (nearly Rs. 4,98,300 crore) bid for cloud computing firm VMware, which has triggered scrutiny on both sides of the Atlantic, is pro-competitive. VMware President Sumit Dhawan will appear remotely at the hearing. There...
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Ransomware Attacks in Europe Targeting 2-Year-Old Computer Bug, Say Cybersecurity Agencies Amid Internet Outage
The Italian premier’s office said Sunday night the attacks affecting computer systems in the country involved “ransomware already in circulation" in a product made by cloud technology provider VMware. Palo Alto, California-based VMware fixed the bug back in February 2021 but the attacks are targeting older, unpatched versions of the product.
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IIT Bombay, VMware Team Up For Platform To Drive Systems Research Practice
Indian Institute of Technology (IIT) Bombay and IT company VMware teamed up for supporting CSERL initiative to create a platform for computing systems research and education.
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VMware-Broadcom Deal Worth $61 Billion Said to Move Ahead as Go-Shop Period Ends
Broadcom $61 billion (nearly Rs. 4.8 lakh crore) deal for VMware will move forward after a rival bidder failed to emerge to break up the deal during its so-called “go-shop” period, according to people familiar with the matter. VMware had until 11:59 PM Pacific time Tuesday (12:29 AM IST Wednesday) to solicit other bids, according to the deal an...
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Broadcom’s VMware Acquisition and Other Deals Under CEO Hock Tan: A Timeline
Broadcom made its biggest and boldest move to diversify its business on Thursday as the company offered $61 billion (roughly Rs. 4,73,639 crore) offer to buy VMware. This is company’s most ambitious attempt deal since its effort to buy Qualcomm for $103 billion failed in 2018.
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Broadcom Says Will Buy VMware in $61 Billion Deal to Diversify Into Enterprise Software
Broadcom says will buy cloud service provider VMware in a $61 billion cash-and-stock deal to further diversify the chipmaker's business into enterprise software. Broadcom's shares were up 1.6 percent, while those of VMWare were down nearly 1 percent in premarket trading.
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Broadcom Said to Be in Talks to Acquire VMware
Broadcom is in talks to acquire cloud service provider VMware Inc, people familiar with the matter told Reuters. Negotiations between Broadcom and VMware are ongoing and a deal is not imminent, the sources said. The deal terms under discussion could not be learned.
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Dell Expects PC Backlog to Grow in Q1 2022 Amid Supply Chain Issues
Dell said it expects PC backlog to balloon in the first quarter due to supply chain constraints and reported a quarterly profit miss, sending its shares down seven percent in extended trading.
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Cisco, IBM, More Major Tech Companies Struggle to Plug Hole in Logging Software Vulnerability
Some of the world’s largest technology companies are still struggling to make their products safe from a gaping vulnerability in common logging software a week after hackers began trying to exploit it.
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Apple Business Essentials Service Launched to Help Small Businesses Manage Employee Devices
Apple launched a new subscription service aimed at helping small-business owners manage the Apple devices used by their employees.
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REvil: Governments Said to Turn Tables on Ransomware Gang by Pushing It Offline
REvil ransomware group was itself hacked and forced offline this week by a multi-country operation, according to three private sector cyber experts working with the United States and one former official.
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Dell Rides Strong Demand for Laptops, Desktops, Cloud Services Due to Remote Work to Beat Q2 Revenue Estimates
Dell beat market estimates for second-quarter revenue as the shift to hybrid work kept demand strong for its laptops, desktops, and cloud services.
-
VMware, Nvidia Partner to Develop Software Tools for Companies That Want Their Own AI
VMware on Tuesday said it has developed a new set of software tools in partnership with Nvidia aimed at businesses which want to develop generative artificial intelligence in their own data centers rather than the cloud. VMware, which is close to being acquired by chip firm Broadcom in a $69 billion (nearly Rs. 5,73,000 crore) deal, makes softwar...
-
Broadcom Gets EU Antitrust Approval on VMware Acquisition Deal
US chipmaker Broadcom secured EU antitrust approval on Wednesday for its $61 billion (nearly Rs. 5,00,300 crore) proposed acquisition of cloud computing firm VMware after offering remedies to help rival Marvell Technology. The deal, Broadcom's largest ever, will help the chipmaker diversify into enterprise software.
-
Broadcom Said to Gain Conditional EU Antitrust Approval for VMware Deal
US chipmaker Broadcom is set to gain conditional EU antitrust approval for its $61 billion (nearly Rs. 5,03,000 crore) proposed acquisition of cloud computing firm VMware, people familiar with the matter said, sending its shares up by almost 5 percent. The European Commission's clearance is tied to remedies relating to Broadcom's interoperability w...
-
Broadcom CEO Seeks to Convince EU Antitrust Enforcers on $61 Billion VMware Deal
US chipmaker Broadcom's Chief Executive Hock Tan on Friday will try to convince EU antitrust enforcers that his proposed $61 billion (nearly Rs. 4,98,300 crore) bid for cloud computing firm VMware, which has triggered scrutiny on both sides of the Atlantic, is pro-competitive. VMware President Sumit Dhawan will appear remotely at the hearing. There...
-
Ransomware Attacks in Europe Targeting 2-Year-Old Computer Bug, Say Cybersecurity Agencies Amid Internet Outage
The Italian premier’s office said Sunday night the attacks affecting computer systems in the country involved “ransomware already in circulation" in a product made by cloud technology provider VMware. Palo Alto, California-based VMware fixed the bug back in February 2021 but the attacks are targeting older, unpatched versions of the product.
-
IIT Bombay, VMware Team Up For Platform To Drive Systems Research Practice
Indian Institute of Technology (IIT) Bombay and IT company VMware teamed up for supporting CSERL initiative to create a platform for computing systems research and education.
-
VMware-Broadcom Deal Worth $61 Billion Said to Move Ahead as Go-Shop Period Ends
Broadcom $61 billion (nearly Rs. 4.8 lakh crore) deal for VMware will move forward after a rival bidder failed to emerge to break up the deal during its so-called “go-shop” period, according to people familiar with the matter. VMware had until 11:59 PM Pacific time Tuesday (12:29 AM IST Wednesday) to solicit other bids, according to the deal an...
-
Broadcom’s VMware Acquisition and Other Deals Under CEO Hock Tan: A Timeline
Broadcom made its biggest and boldest move to diversify its business on Thursday as the company offered $61 billion (roughly Rs. 4,73,639 crore) offer to buy VMware. This is company’s most ambitious attempt deal since its effort to buy Qualcomm for $103 billion failed in 2018.
-
Broadcom Says Will Buy VMware in $61 Billion Deal to Diversify Into Enterprise Software
Broadcom says will buy cloud service provider VMware in a $61 billion cash-and-stock deal to further diversify the chipmaker's business into enterprise software. Broadcom's shares were up 1.6 percent, while those of VMWare were down nearly 1 percent in premarket trading.
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Broadcom Said to Be in Talks to Acquire VMware
Broadcom is in talks to acquire cloud service provider VMware Inc, people familiar with the matter told Reuters. Negotiations between Broadcom and VMware are ongoing and a deal is not imminent, the sources said. The deal terms under discussion could not be learned.
-
Dell Expects PC Backlog to Grow in Q1 2022 Amid Supply Chain Issues
Dell said it expects PC backlog to balloon in the first quarter due to supply chain constraints and reported a quarterly profit miss, sending its shares down seven percent in extended trading.
-
Cisco, IBM, More Major Tech Companies Struggle to Plug Hole in Logging Software Vulnerability
Some of the world’s largest technology companies are still struggling to make their products safe from a gaping vulnerability in common logging software a week after hackers began trying to exploit it.
-
Apple Business Essentials Service Launched to Help Small Businesses Manage Employee Devices
Apple launched a new subscription service aimed at helping small-business owners manage the Apple devices used by their employees.
-
REvil: Governments Said to Turn Tables on Ransomware Gang by Pushing It Offline
REvil ransomware group was itself hacked and forced offline this week by a multi-country operation, according to three private sector cyber experts working with the United States and one former official.
-
Dell Rides Strong Demand for Laptops, Desktops, Cloud Services Due to Remote Work to Beat Q2 Revenue Estimates
Dell beat market estimates for second-quarter revenue as the shift to hybrid work kept demand strong for its laptops, desktops, and cloud services.
