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Sunday, July 3, 2016

VMware CEO Says It’s a ‘Good Time’ to Be Looking at Acquisitions

@VMware CEO Says It’s a ‘Good Time’ to Be Looking at Acquisitions  Gelsinger seeing a drop in “ #unicorn valuations," "arrogance" Company is able to look at deals “into the billions”  #VMware Inc. Chief Executive Officer @PatGelsinger, whose parent company is in the midst of being acquired by #Dell Inc., is mulling his own shopping expedition. A decline in both “unicorn valuations" and “unicorn arrogance” means the virtualization-software company has more attractive opportunities for acquisitions, he said in an interview. Gelsinger joins Silicon Valley executives like Hewlett Packard Enterprise Co.’s CEO @MegWhitman, and @Alphabet Inc’s corporate development chief @DavidDrummond in welcoming the opportunity for deals. @Apple Inc.’s CEO @TimCook and @Salesforce.com Inc.’s CEO @MarcBenioff have also commented on the potential for acquisitions in the new environment.

http://www.bloomberg.com/news/articles/2016-07-01/vmware-ceo-says-it-s-a-good-time-to-be-looking-at-acquisitions

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