General World News

A steadfast VMware bear says that the $4.8 billion it’s spending on big acquisitions doesn’t change its stagnating growth: ‘We still have concerns’ (VMW, DELL)

pivotal ceo rob mee IPO

  • VMware confirmed the speculation that it was buying its sister company Pivotal — and surprised Wall Street street by announcing a second multi-billion acquisition of Carbon Black, as well.
  • The Pivotal deal is valued at $2.7 billion, and the Carbon Black deal is valued at $2.1 billion.
  • Often when a billionaire has total control over multiple companies and one of his companies buys another when it hits a rough patch, it’s not a good sign. In this case, there are some good reasons for VMware to have bought Pivotal.
  • And Carbon Black speaks to a growth area for VMware: End-user computing.
  • Unfortunately, read more >>>

    Source:: BusinessInsider.Com