Broadcom plans to buy for $61 billion, and three senior VMware executives will leave.
Thanks to CTOnews.com netizen Brother Black fly's left hand clue delivery! CTOnews.com, Dec. 13 (Xinhua)-- Raghu Raghuram, CEO of enterprise software company VMware, told employees in an internal notice on Monday that three senior executives would leave the company, according to the Wall Street Journal.
According to VMware's internal notice, Mark Lohmeyer, senior vice president of cloud computing infrastructure, Ajay Patel, senior vice president of applications and management, and Tom Gillis, senior vice president of networking and security, will leave.
CTOnews.com learned that Broadcom announced plans in May to buy VMware for $61 billion (about 425.78 billion yuan) in cash and stock to enter the software sector.
VMware is expected to nearly triple the size of Broadcom's software division, accounting for nearly 49 per cent of the company's revenue. The deal is still awaiting regulatory approval.