There are rumors based on things Shankar said that KKR will be selling part of OMNISSA. Could be an interesting next several months. I for one would welcome any opportunity to get out from under this leadership and KKR, both who have proven they have no idea what they are doing
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@rb he said it in NY during the revenue rally. So the fact that you haven’t heard it proves to mean nothing. Several people heard it in that room including me
@f8 more likely he would buy Citrix with it's links to Tom Krause and larger install base. Throw in extra IP from Xen and Netscaler and it's a bargain buy.
based on things Shankar said
I’ve never heard him say anything remotely close to this rumor
I'm puzzled why any company would consider buying Omnissa's legacy assets, software products, or other obsolete assets. I've only worked here for 2 years, but I've been told the decline in performance has occurred over many years of neglect by our executives. Many customers are turning to Microsoft because they see no reason to stay with us. So, what's left at Omnissa that's of any meaningful value to a potential buyer? Nothing.
They will sell the professional services capability. Instead of making the remaining PS employees redundant, offload then directly to anunta or some other partner.
KKR must be frustrated to choose this path, now they know the depth of our revenue and profitability challenges. Whatever product they unload first, it's likely at a financial loss. Private equity investment is a gamble, and acquiring us has clearly disappointed KKR.
@f8 He already had Horizon and didn't want it
@cs would Hock look to grab Horizon to sell more VCF and stop the AHV train?
@b0 they could also choose to split in order to sell one part and spin one part down. That happens when one part of a business is effectively the anchor.
@cg it’s possible that an infrastructure provider would be interested in horizon.
@b0 seems pretty simple. It be either horizon or workspace one
Bets on the "undesirable" bits?
BMC already announced a split into two separate companies, with KKR continuing as the owner of both entities until they find a buyer for either legacy software product line. So a split of Omnissa products may not mean KKR has an immediate buyer. Wait and see.
A product spinout makes sense. After numerous failed attempts to find a buyer for all of Omnissa, breaking it down into parts could be a more effective approach for KKR. But I wonder what happens to the less desirable leftovers? Wait to find another buyer for the remainder, or find a home somewhere within BMC Software (also owned by KKR).
“part” ? selling a part of it and keeping the rest in the company?
will be interesting to see what the split turns out to be…
If that happens it will be interesting to see how their vesting plays out.