Broadcom CEO tells VMWare workers to ‘get butt back to office’ after completing a $69 billion merger of the two companies::In a meeting on Tuesday after completing the $69 billion merger, Broadcom CEO Hock Tan told VMWare employees their days of working remotely were over.
On the other hand, they must think VMware portfolio is a rather stable set of solutions, while the bulk of innovation is moving towards kubernetes like solutions that they don’t want to follow, as they are late and don’t want to invest to build the know how.
They are considering to transform the business model more like oracle, sap, cisco, where the core business is sales not innovation. Their plan is probably that they have such a strong position in the market that talents are not needed, just average people who can patch out stuff somehow.
I have too much technical experience to agree with them that this is a good call. I believe it will be a disaster on the long run. But their background is clearly different, and they saw on the market a huge amount of successful companies with such business model. First among all pre-nadella Microsoft.
They’ll squeeze 5 years of blood from entrenched customers. That’s enough of a win.