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In a strategic move aimed at transforming virtualisation and cloud computing firm VMware into a subscription-based business, Broadcom has officially ceased the sale of perpetual licenses for VMware products.
Customers are being offered a big discount to migrate onto a VMware subscription service.
VMware by Broadcom Dramatically Simplifies Offer Lineup and Licensing Model
Already-purchased licenses can still be used but will eventually lose support.
Broadcom CEO Hock Tan is betting that VMware will deliver $12 billion in revenue in the next 11 months and then double-digit growth every year for the next three years.