According to Goya Foods CIO and Cloud Wars Digital All-Star Suvajit Basu, VMWare is one of the most important technology companies in the world. That’s because VMWare powers the vast majority of data centers in the U.S. So what might the implications be of the planned acquisition of VMWare by Broadcom, another U.S.-based technology company? Suvajit, Bob Evans, and Acceleration Economy Analyst Tony Uphoff seek to answer that question in a new Cloud Wars Live podcast episode about data, cybersecurity, tech M&A, and more.
Suvajit Basu on Broadcom and VMWare, Cybersecurity, and Risk Mitigation
The Big Themes:
- The biggest enterprise tech M&A in history: The planned $61-billion acquisition of VMWare by Broadcom has implications for Goya Foods, says CIO Suvajit Basu, and many other large global firms, because of VMWare’s omnipresence in data centers.
- The cybersecurity side of the deal: When a company that powers data centers is taken over, questions must be raised about access to the data centers and the data within them. The “risk profile” of VMWare is raised by this acquisition.
- The responsibility of CXOs in these situations: The Broadcom-VMWare deal has generated a lot of FUD: Fear, Uncertainty, and Doubt. Whether these feelings are valid and have merit or are unfounded and distracting, is a question that CXOs must focus on answering, ASAP.
The Big Quote: “The importance of VMWare permeates to every industry. I’m in food and beverage. Healthcare is running VM. Wall Street finance is running VM. Military is running VM. There is no single industry that I can think of that is not running VMWare today. And that is the cyber threat. We’re talking about a heightened level of risk.”
Stream the audio version of this episode:
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Connect with him on LinkedIn and catch highlights from his talk at Cloud Wars Expo 2022.
