11:11 Systems Acquires IBM VMware Customers Amid Broadcom Partner Program Changes
What happened
11:11 Systems acquired Sungard Availability Services and select enterprise customers from IBM who use VMware Cloud Services in its eighth VMware-related transaction. This acquisition expands 11:11 Systems' customer base across North America, Europe, Asia-Pacific, and other regions. The purchase occurs as Broadcom is simultaneously reshaping the VMware Cloud Service Provider partner program.
From itbrief.co.nz
Why it matters
The acquisition positions 11:11 Systems as a provider for enterprises reassessing their infrastructure choices, particularly as companies move toward cloud, containers, and private AI. This shift is happening while Broadcom adjusts its partner program for VMware, signaling changes in the market for cloud service providers.
From itbrief.co.nz
Who's involved
- VMwareVirtualization software maker whose CSP model is being affected by Broadcom's changes.
- BroadcomCompany that acquired VMware and is currently reshaping the VMware partner program.
- IBMMultinational technology corporation from which 11:11 Systems acquired enterprise customers.
- Sungard Availability ServicesInformation technology company that was acquired by 11:11 Systems.
Who could feel it
Possible knock-on effectsThese are possibilities Brind reasoned out, not predictions, and not advice. Most are not stated in any report.
- IBMSpeculative
IBM might see revenue decline due to the loss of enterprise customers to 11:11 Systems.
Keep exploring
The entities involved
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VMware
for-profit maker of virtualization software, acquired by Broadcom Inc. in 2023
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Broadcom
American semiconductor manufacturer
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IBM
American multinational technology corporation
Related events
- Broadcom announced high-value software integrations involving VMware and settled a dispute with AT&T over software support.
- Market growth is driving intense platform competition and adoption of workload management in cloud infrastructure.
- Ahead is leveraging VMware for cloud solutions while responding to changes in Broadcom's partner program.
- The acquisition of VMware continues to pay off.
- The tech sector saw NetApp announce end-of-life for SolidFire, Broadcom acquire VMware, Cisco face supply chain delays, and Cambridge launch VergeIO.