Although it is subscription based (that Broadcom will like) but the BU is bloated (overflowing with marketing lol) and not profitable...
Question is, would they cut that BU before the acquisition? Would there be layoff from VMware to prepare for the sale?
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@pvg+1gZ4qgtO
Broadcom (Hock Tan) doesn't believe in investment. He only knows how to milk. Actually, if he sells Velocloud, it will be better for the Velo employees (if the are not laid off before the sale).
Velocloud is profitable and not overflowing with marketing. They only have product marketing, some communications and partner marketing all of which directly help with sales. It's like 25 people. VMware corporate is totally overflowing with marketing. They have hundreds of people who do communications and brand awareness that will be completely redundant. The issue for SASE is that there are hundreds of engineers developing the platform and hundreds of technicians running it for revenue that is well under $1 billion compared to $12 billion total revenue for VMware. So the question is will Broadcom continue to invest in the growth or sell it off.
Velocloud is profitable. Stop spreading lies.
Curious as well. I wasn't aware they were not profitable...