Broadcom Vmware Cloud Foundation News Today

Nutanix’s second-quarter revenue leaped 16 percent year over year and the company raised all of its guidance for the remaining two quarters as rival VMware churns through its opening months under Broadcom ownership.

Chief information officers say they are concerned about vendors shifting sales strategies in favor of bigger, pricier software bundles thanks to an uptick in business technology acquisitions.

Broadcom executive Prashanth Shenoy touts VMware’s new subscription model and ‘simplified’ product strategy.