Subj : Broadcom ends VMware perpetual software licenses following takeov To : All From : TechnologyDaily Date : Wed Dec 13 2023 12:15:05 Broadcom ends VMware perpetual software licenses following takeover Date: Wed, 13 Dec 2023 12:09:41 +0000 Description: Broadcom has simplified VMwares portfolio and removed the option to buy perpetual licenses. FULL STORY ====================================================================== Following its recent acquisition of VMware, Broadcom has announced that it will transition the business to a subscription-based model, removing the perpetual licenses with immediate effect. According to the company's announcement , the industry has embraced subscription-based models as the standard when it comes to cloud consumption, and the move comes after more than a years work transitioning VMware away from one-time purchases. VMware explained that by taking this step, it would be able to better serve customers with exactly what they want. VMware goes subscription-only Offerings will solely be available as subscriptions or as term licenses following the end of sale of perpetual licenses and Support and Subscription (SnS) renewals beginning today," VMware explained. VMware Cloud Foundation Divisions SVP and GM, Krish Prasad, said that the transition to subscriptions will give customers three things: continuous innovation, faster time to value, and predictable investments. Prasad confirmed that VMware will continue to provide support as defined in contractual commitments for existing customers of perpetual licenses, but that they would also be eligible for trade-in deals to help them migrate over to subscriptions. At the same time, the cloud computing company also announced that it would be making a dramatic simplification to its product portfolio. The VMware Cloud Foundation Division will offer VMware Cloud Foundation and VMware vSphere Foundation going forward. Both will also be available with optional advanced add-ons. VMware said that the simplification is in response to customer and partner feedback and that it is designed to reduce the complexity of its offers. The company also added that regular subscription payments will help it to focus on annual recurring revenue, which may help profit but will more than likely provide some consistency across its books. More from TechRadar Pro Weve rounded up the best cloud hosting providers Broadcom-VMware takeover deal finalised after months of wrangling Want to keep your data off-prem? Here are the best cloud storage and best cloud backup tools ====================================================================== Link to news story: https://www.techradar.com/pro/broadcom-ends-vmware-perpetual-software-licenses -following-takeover --- Mystic BBS v1.12 A47 (Linux/64) * Origin: tqwNet Technology News (1337:1/100) .