Broadcom's announcement of its plan to acquire cloud computing company VMWare was met with initial concerns from regulators on potential anti-competitive effects resulting from the deal, including VMWare's diminished value proposition.
However, Broadcom president and CEO Hock Tan is carefully outlining a plan to create added competitive pressure on the public cloud by accelerating private and multi-cloud capabilities for enterprises, while pledging $2B a year for research and development and improved VMware deployments.
In this Computer Weekly article, Senior Research Director Dimitris Mavrakis highlights why ABI Research believes this deal should ease regulators' wariness and why it should be viewed as a positive development for the market.
