VMware Appoints Kit Colbert as Chief Technology Officer

Receives Final Regulatory Approval for Transaction Broadcom Inc. (NASDAQ:AVGO) and VMware, Inc. (NYSE:VMW) today announced that they have received all required regulatory approvals and intend to close Broadcom's acquisition of VMware on November 22, 2023. Broadcom has received legal merger clearance in Australia, Brazil, Canada, China, the European Union, Israel, Japan, South Africa, South Korea, Taiwan, the United Kingdom, and foreign investment control clearance in all necessary jurisdictions. There is no legal impediment to closing under U.S. merger regulations. About Broadcom Broadcom Inc. (NASDAQ:AVGO), a Delaware corporation headquartered in San Jose, CA, is a global technolog

Receives Final Regulatory Approval for Transaction SAN JOSE, Calif. and PALO ALTO, Calif., Nov. 21, 2023 /PRNewswire/ -- Broadcom Inc. (NASDAQ:AVGO) and VMware, Inc. (NYSE:VMW) today announced that they have received all required regulatory approvals and intend to close Broadcom's acquisition of VMware on November 22, 2023.  Broadcom has received legal merger clearance in Australia, Brazil, Canada, China, the European Union, Israel, Japan, South Africa, South Korea, Taiwan, the United Kingdom, and foreign investment control clearance in all necessary jurisdictions. There is no legal impediment to closing under U.S. merger regulations. About Broadcom Broadcom Inc. (NASDAQ:AVGO), a Delaware c

Orange Business and VMware, Inc. (NYSE:VMW) are strengthening their partnership to deliver Flexible SD-WAN with VMware as the first fully embedded SD-WAN offering in Evolution Platform. The Orange Business Evolution Platform combines a secured digital infrastructure with an agile, cloud approach to order and manage services. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20231108657292/en/Flexible SD-WAN with VMware addresses the needs of today's highly distributed, latency- sensitive workloads, applications, and devices at the edge. (Photo credit: Orange Business Services) Cloud has become the benchmark for customer experience. P

Monness Crespi & Hardt downgraded VMware from Buy to Neutral

Goldman reiterated coverage of VMware with a rating of Neutral and set a new price target of $119.00 from $136.00 previously

Stifel reiterated coverage of VMware with a rating of Buy and set a new price target of $135.00 from $160.00 previously

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4 - VMWARE LLC (0001124610) (Issuer)

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DENVER -- Wednesday, Aug. 02, 2023 (GLOBE NEWSWIRE) -- Hotel Engine, the leading trip management platform, today announced the appointment of Patrick Morley, former chief executive officer of Carbon Black, to its board of directors. Morley joins the board at a pivotal time in Hotel Engine's rapid growth trajectory, with its revenue growth approaching 100% year-over-year. The company currently serves more than 40,000 businesses and 700,000 business travelers across the globe. "As Hotel Engine executes on its aggressive growth plans, it's critical we have the right team of strategic advisors in place to scale our business," said Elia Wallen, founder and CEO of Hotel Engine. "We are incredi

Company Appoints Laura Heisman as Chief Marketing Officer and Sylvain Cazard to General Manager, Asia Pacific and Japan Company Also Recently Appointed John Sabino as Chief Customer Experience Officer and Zia Yusuf as SVP of Strategic Ecosystems and Industry Solutions VMware, Inc. (NYSE:VMW), a leading innovator in enterprise software, today announced the appointment of two executives to the company's Go-To-Market Leadership team. Laura Heisman has joined the company as chief marketing officer, and Sylvain Cazard will lead the Asia Pacific and Japan (APJ) region as general manager. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/2

Go-to-market executive brings deep experience building fast-growing businesses at industry leaders including VMWare, Bracket Computing, and Cisco Software intelligence company Dynatrace (NYSE:DT), today announced the appointment of Ambika Kapur to its board of directors. Ms. Kapur, an experienced go-to-market executive, has served in senior roles at leading technology companies, including VMWare, Bracket Computing, and Cisco. "I am delighted to welcome Ambika to Dynatrace," said Rick McConnell, Dynatrace CEO. "Her experience directing product innovation from inception through market leadership will enable us to further scale our business to help the world's leading organizations tame clou

FY23 Total Revenue of $13.35 billion FY23 Subscription and SaaS Revenue of $4.01 billion, an increase of 25% year-over-year VMware, Inc. (NYSE:VMW), a leading innovator in enterprise software, today announced financial results for the fourth quarter and full fiscal year 2023. The company's fourth quarter of fiscal year 2023 was a 14-week fiscal quarter, while the fourth quarter of fiscal year 2022 was a 13-week fiscal quarter.1 Quarterly Review Revenue for the fourth quarter was $3.71 billion, an increase of 5% from the fourth quarter of fiscal 2022. The combination of subscription and SaaS and license revenue was $2.03 billion, an increase of 7% from the fourth quarter of fiscal 202

 Total Revenue growth of 3% year-over-year Subscription and SaaS Revenue of $899 million, an increase of 21% year-over-year VMware Enters into Definitive Agreement to be Acquired by Broadcom VMware, Inc. (NYSE:VMW), a leading innovator in enterprise software, today announced financial results for the first quarter of fiscal year 2023: Quarterly Review Revenue for the first quarter of fiscal 2023 was $3.09 billion, an increase of 3% from the first quarter of fiscal 2022. Continued momentum in the subscription and SaaS business, constituting 29% of total revenue for the quarter. While license revenue was impacted by the transition to subscription and SaaS, the combination of subscri

Advances Broadcom's strategy to build the world's leading infrastructure technology company, with track record of acquiring established, mission-critical platforms Brings together two engineering-first, innovation-centric cultures Broadcom Software Group to rebrand and operate as VMware The new VMware, as part of Broadcom, to offer enterprise customers greater choice and flexibility to address the most complex IT infrastructure challenges Accelerates software scale and growth opportunities for Broadcom, with pro forma revenue of more than $40 billion, including 49% software revenue Broadcom to target adding approximately $8.5 billion of pro forma EBITDA from the acquisition within three ye

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