- We will finally get rid of Michael Dell as someone who has any kind of influence over us. He has su-ked VMware dry with the special dividends and the purchases that he made us make.
- We will get rid of our current CEO who has done nothing for the company since he was chosen by Micheal Dell as a puppet.
15 replies (most recent on top)
Jesus... billionaires do not sell their shares and pay tax, Michael Dell will be the single largest shareholder of Broadcom and most likely the chairman of Broadcom post acquisition. He will probably replace Dr Henry Samueli who is the current chairman. It wouldn't surprise me if at some stage Broadcom acquired Dell the same way
Don’t forget the scümbags at Silver Lake as well!
Dell will make a play to buy Broadcom when Hock has completed his tour or duty…you watch!
Dell ain’t going anywhere!
Doubtful. FTC hasn’t made any noise at all like they’ve done with the ones they tried to block. Not to mention top execs like Zane has exited. And then the final EPIC day moved to an earlier date. What signs point to a deal not closing? If anything it’s becoming more apparent the deal is near.
what if FTC blocks the deal? There is rumor FTC going to reject the deal. Last few days vmw stock going down for a reason.
Lol. CA Guy here. Dell will def be board member. He literally is going to own 30 billion in Broadcom stock from this deal.
No else would take the job.
No one else was interested in making a quick $50 million?
The magic 8 ball could do as good a job as magoo, and be less annoying.
"eg. truly innovate around the core hypervisor by making engineering deliver a "platform" and not a patchwork of products that rarely led their category".
This 100%. Great insight.
Don’t punt on Raghu he has done fantastic job of ceo yes man to hock m. Best person for job and stellar. No else would take the job.
Michael Dell will be the chairman of Broadcom post acquisition, he will be the largest share holder in broadcom as his 40% stake in VMware will translate to roughly 12% stake in broadcom. He will be the single largest share holder of broadcom, the next largest will be The Vangard Group at roughly 9%.
Who knows, maybe he will even do the things that Maritz,
Yeah, maybe. Or maybe not.
Let's not sugar coat it with fantasy fan fiction, let's wait and see.
I’d add
- Never hearing about “focusing on the main thing” ever again
The irony of this whole ordeal is VMware is just going from one private equity shop (SilverLake / Dell:Denali) to another (Broadcom). Dell is a yield guy, just like Hock. Dell managed to extract all the free cash from VMware and then some via debt, during his ownership - AND - another $50B all the while having his PR people make believe there was some master IT transformation and innovation play. There never was, it was all about extracting cash for his holding and trying to make the next rung up on Forbes...
Now Hock actually has the merit of honesty in saying that he is going to extract every last bit of value (eg. cash) from the asset. May not like it but at least it is clear and bluntly honest. Who knows, maybe he will even do the things that Maritz, Gelsinger and Raghu were unable/unwilling (not allowed?)- to do - eg. truly innovate around the core hypervisor by making engineering deliver a "platform" and not a patchwork of products that rarely led their category due to the dysfunction of Engineering under Raghu and co. refusing to drive ruthless integration across the core products to build out a viable "platform".
Raghu was clearly chosen for his lack of imagination, and his desire to be a custodian CEO who can follow directions from Dell and other board members that are awaiting their cash windfall from the Broadcom acquisition.
Agreed, this cash cow will have lined the pockets of many that delivered no real value.
Without Dell and EMC merger it would have been parted out by activist investors. If anything there should have been a tighter leash. How many acquisitions did VMware make that should have been spiked?
Compare to what happened with RedHat and IBM.