$Broadcom(AVGO)$ I have observed that Broadcom has ticked off almost all people who work with VMware. Every professional peer I've talked to had a 2.5x to 3x cost increase. The licenses are also now a subscription vs perpetual, which means Broadcom's licenses are now timed. If you dont pay your license renewal (at whatever future price), your VMware environment will stop working! Everyone I've talked to either didnt renew and/or is evaluating moving to another platform. There doesnt seem to be a clear path/winner in the industry yet, but I am sure that will start to emerge in the next year or two. Changing out something major like VMware will take 2-5 years for most companies. The short term profits for Broadcom are going to be great, but the real question is if Broadcom will successfully trap enough customers at this new price level to make this profitable long term.
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