VMware | May 23, 2022
Broadcom Inc. is in talks to acquire VMware Inc., the cloud-computing company backed by billionaire Michael Dell, according to people familiar with the matter, setting up a blockbuster tech deal that would vault the chipmaker into a highly specialized area of software.
The discussions are ongoing and there’s no guarantee they will lead to a purchase, said the people, who asked not to be identified because the matter isn’t public. VMware currently has a market valuation of about $40 billion. Assuming a typical premium, the potential deal price would be higher, though the terms under consideration couldn’t be learned.
Shares in VMware rose 15% in premarket trading on Monday, which would give the company a market value of about $46 billion. Broadcom, which has a valuation of about $222 billion, fell 2.4%.
The transaction would extend a run of acquisitions for Broadcom Chief Executive Officer Hock Tan, who has built one of the largest and most diversified companies in the chip industry. Software has been a key focus in recent years, with Broadcom buying CA Technologies in 2018 and Symantec Corp.’s enterprise security business in 2019.
A representative for VMware declined to comment. A representative for Broadcom wasn’t available for comment.
“Investors have been increasingly focused on Broadcom’s appetite for another strategic or platform enterprise software acquisition—especially given the recent compression in software valuation, “ Wells Fargo analysts wrote after Bloomberg News’s report. “An acquisition of VMware would be considered as making strategic sense; consistent with Broadcom’s focus on building out a deepening enterprise infrastructure software strategy.”
Broadcom makes a wide range of electronics, with its products going into everything from the iPhone to industrial equipment. But data centers have become a critical source of growth, and bulking up on software gives the company more ways to target that market.
Broadcom was previously in talks to acquire SAS Institute Inc., a closely held software company valued at $15 billion to $20 billion. But those discussions ended last year without a deal.
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NetApp | June 08, 2022
NetApp a global, cloud-led, data-centric software company, today announced continued innovations and solutions to provide enterprises with more simplicity, more security and more flexibility for their hybrid multicloud environments.
These new capabilities include improved ransomware protection, hybrid cloud storage in a single subscription, unified management in a single user interface, and close collaboration with VMware to help transition workloads to the cloud.
As enterprises acquire public cloud services to augment their existing on-premises data centers, these combined infrastructures become more disparate, inconsistent and fragmented over time. These multicloud silos are inherently more complex to manage due to dealing with multiple disparate environments.
Today, NetApp is delivering a unified and consistent hybrid multicloud experience, allowing customers to run and manage a single platform that spans from on-premises to the world’s biggest public clouds.
“As organizations today explore the promise of hybrid multicloud environments, they are keen to avoid complexity, security, and cost efficiency challenges,” said Ronen Schwartz, senior vice president, Cloud Volumes Service at NetApp. “With NetApp’s simplified management and consumption experience, organizations can enjoy improved security, manageability, speed of operations, and cost savings - ultimately allowing them to be more responsive to the growing needs of their business by delivering capabilities faster, and keeping data available and protected no matter where it lives.”
Simple, secure, and flexible enhancements to NetApp’s hybrid cloud portfolio include:
Industry-Leading Hybrid Cloud Simplicity Experience –
By delivering everything "as a service," NetApp simplifies and optimizes hybrid cloud environments with new capabilities, including:
Hybrid cloud Storage-as-a-Service (STaaS) in a single, flexible subscription with Keystone. Organizations can flexibly move workloads to and from the cloud in a single contract.
In addition to managing and monitoring data storage, protection, governance and tiering across multicloud environments, Cloud Manager can now manage Keystone services, track software licenses, monitor infrastructure health and provide proactive recommendations that optimize costs and data protection with automated actions.
"Organizations today are looking for flexibility both on-premises as well as across cloud providers and are investing in as-a-service consumption models to help achieve this," said Scott Sinclair, practice director at ESG. "NetApp's approach with Keystone is targeted at that need; offering hybrid cloud simplicity and flexibility that allows users to accelerate their IT objectives with management, orchestration, and billing wrapped into a single subscription and experience. Keystone's transferable subscription model also supports future cloud migration planning to any major cloud provider, with enterprise-level storage capability and integrated data protection."
Cyber Resilience for Today’s Hybrid Cloud –
The rise of ransomware over the past few years is a growing problem for enterprises. IDC’s 2021 Ransomware Study: Where You Are Matters!1 found that more than one third of organizations worldwide have experienced a ransomware attack or breach that blocked access to systems or data in the 12 months prior.
With NetApp’s new, powerful, built-in cyber resilience capabilities that include anti-ransomware, data protection and security - organizations can mitigate unauthorized user access and threats to data from ransomware attacks. Customers can protect a multitude of workloads, enterprise apps, virtualized workloads and modern containerized applications against security breaches, quickly detect attacks and rapidly recover data before experiencing any impact to operations.
Accelerating Enterprise Cloud Transformation –
NetApp is empowering customers to “modernize to the cloud” using a supplemental datastore for data-intensive, storage demanding workloads running in a single or across multicloud environments. NetApp is the only cloud storage service provider today to be certified and become supported for use as an external supplemental datastore for VMware Cloud environments running in the largest public clouds.
“Organizations across all industries rely on the combination of VMware and NetApp as the platform of choice for delivering business-critical workloads, NetApp is now able to deliver the same levels of enterprise-class data management that our mutual customers have enjoyed for decades on-premises to workloads running in any of the major public clouds.”
Narayan Bharadwaj, vice president of Cloud Solutions at VMware
NetApp is a global, cloud-led, data-centric software company that empowers organizations to lead with data in the age of accelerated digital transformation. The company provides systems, software and cloud services that enable them to run their applications optimally from data center to cloud, whether they are developing in the cloud, moving to the cloud, or creating their own cloudlike experiences on premises. With solutions that perform across diverse environments, NetApp helps organizations build their own data fabric and securely deliver the right data, services and applications to the right people—anytime, anywhere.
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Citrix | June 22, 2022
When it comes to protecting apps and data in the world of hybrid work, zero-trust network access (ZTNA) is the name of the game. And according to the GigaOm Radar for Zero-Trust Network Access, Citrix Systems, Inc.is a Leader and Fast Mover in delivering solutions companies can use to win it.
“Virtual private networks (VPNs) have long been the default method of securing remote access, However, VPNs are limited with respect to the level of control they can provide, as they are unable to take into consideration the context in which legitimate users are accessing resources.”
Chris Ray, Security Researcher, GigaOm
Designed to assist IT organizations in identifying more modern ZTNA solutions that provide greater control, the GigaOm Radar for Zero-Trust Network Access evaluated 12 vendors on the following criteria:
AM & MFA Vendor Integrations
Cloud & SaaS Integrations
Unmanaged Device Support
Legacy Application Support
Session Monitoring Capabilities
Citrix was ranked as a Leader and Fast Mover in all categories, and noted for the extensibility, integration maturity and technical innovation of its ZTNA solutions.
Citrix provides a unified stack of cloud-delivered secure access solutions that give employees the flexibility and choice to work where and how they prefer and IT the visibility and control to ensure they do so in a secure manner.
“When it comes to securing apps and data, there’s more at stake than protecting against threats and vulnerabilities,” said Pankaj Gupta, Senior Director, Product Management, Citrix. “To remain productive and engaged, employees must be able to access the resources they need to get work done in a hassle-free way that is transparent to them.”
With Citrix, they can. Citrix secure access solutions leverage the latest ZTNA technology to secure user access to all corporate applications—web, SaaS, client/server, and desktop as a service (DaaS)—whether they're deployed in public clouds or on-premises datacenters. Unlike traditional VPN and SSO which authenticate at login only, Citrix ZTNA solutions continuously evaluate risk factors throughout each session. When suspicious activity is detected, granular security controls automatically kick and work in the background to change how users are authorized to interact with apps to keep things safe without hampering their experience.
“Citrix’s strategy to combine holistic security with a great user experience is a key differentiator,” Ray notes. Among the other strengths called out within the report:
Completeness of solution
Very strong, well-thought-out features
Unmanaged device support through a remote browser
Robust data loss prevention technologies
Simple, mature integrations with other technologies
“Network and application security has gotten complicated, and we are pleased to be recognized by GigaOm as a leader in delivering solutions that companies can use to simplify it by enacting a modern approach that supports the future of work,” Gupta said.
GigaOm provides technical, operational, and business advice for IT’s strategic digital enterprise and business initiatives. Enterprise business leaders, CIOs, and technology organizations partner with GigaOm for practical, actionable, strategic, and visionary advice for modernizing and transforming their business. GigaOm’s advice empowers enterprises to successfully compete in an increasingly complicated business atmosphere that requires a solid understanding of constantly changing customer demands.
GigaOm works directly with enterprises both inside and outside of the IT organization to apply proven research and methodologies designed to avoid pitfalls and roadblocks while balancing risk and innovation. Research methodologies include but are not limited to adoption and benchmarking surveys, use cases, interviews, ROI/TCO, market landscapes, strategic trends, and technical benchmarks. Our analysts possess 20+ years of experience advising a spectrum of clients from early adopters to mainstream enterprises.
GigaOm’s perspective is that of the unbiased enterprise practitioner. Through this perspective, GigaOm connects with engaged and loyal subscribers on a deep and meaningful level.
Citrix builds the secure, unified digital workspace technology that helps organizations unlock human potential and deliver a consistent workspace experience wherever work needs to get done. With Citrix, users get a seamless work experience and IT has a unified platform to secure, manage, and monitor diverse technologies in complex cloud environments.
For Citrix Investors:
This release contains forward-looking statements which are made pursuant to the safe harbor provisions of Section 27A of the Securities Act of 1933 and of Section 21E of the Securities Exchange Act of 1934. The forward-looking statements in this release do not constitute guarantees of future performance. Those statements involve a number of factors that could cause actual results to differ materially, including risks associated with the impact of the global economy and uncertainty in the IT spending environment, revenue growth and recognition of revenue, products and services, their development and distribution, product demand and pipeline, economic and competitive factors, the Company's key strategic relationships, acquisition and related integration risks as well as other risks detailed in the Company's filings with the Securities and Exchange Commission. Citrix assumes no obligation to update any forward-looking information contained in this press release or with respect to the announcements described herein. The development, release and timing of any features or functionality described for our products remains at our sole discretion and is subject to change without notice or consultation. The information provided is for informational purposes only and is not a commitment, promise or legal obligation to deliver any material, code or functionality and should not be relied upon in making purchasing decisions or incorporated into any contract.
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Flexxible I | June 18, 2022
Flexxible IT, the global leader of Desktop as a Service (DaaS) delivery and services, and xFusion Europe, a global provider of computing power infrastructure and services, are announcing today a strategic alliance in the European market. Flexxible IT and xFusion can deliver a fully redundant hardware-based hybrid workspace environment built on any end-user compute (EUC) vendor that includes an all-inclusive, pay monthly, fully managed hybrid infrastructure solution.
Flexxible IT combines its deep technical expertise, global industry knowledge, and best-in-class technology to deliver comprehensive and differentiated hybrid solutions. Partnering with xFusion furthers and supports Flexxible IT's focus on providing hybrid workspace solutions based on xFusion's hardware offering a fast, simple way to deploy, analyze, automate, monitor, and manage hybrid workspaces in a multi-cloud scenario.
"Flexxible IT has been a leader in the DaaS space since 2008, and we are excited to partner with xFusion to enable this use case further," said Sebastian Prat, CEO, and Founder of Flexxible IT. "Our strategic relationship presents a cost-effective hybrid workspace solution to the market to enable customers to work from anywhere, with the best end-user experience and security."
"At xFusion, we strive to enable any digital transformation use case with our industry-leading compute and services, Combining xFusion's first-class hardware and Flexxible IT's outstanding technology stack and superb experience, we provide an affordable hybrid workspace solution perfect for any enterprise's end-user compute requirements."
Qin Feng, CEO of xFusion
About Flexxible IT
Flexxible IT is the future of hybrid working, where on-premises and cloud computing converge to enable virtual desktops and applications to run from anywhere. Flexxible IT has more than 700,000 managed users and is the leading DaaS Solution in Spain. For more information, visit www.flexxible.com.
xFusion is a leading global provider of computing power infrastructure and services. xFusion serves customers in 130 countries and regions, including 211 Fortune 500 companies, covering finance, carriers, Internet, transportation, and energy industries.