| Dell-owned Pivotal is preparing for as many as 150 layoffs ahead of its $2.7 billion acquisition by VMware, and employees are openly protesting management over it (VMW, PVTL)
|
| • Employees at Dell-owned Pivotal learned earlier this week that the company will face significant staff cuts of up to 150 amid its $2.7 billion acquisition by VMware. • These cuts will include the workplace operations, or WorkOps, team, which is responsible for managing the office and maintaining Pivotal's corporate culture for its 3,000-plus employees worldwide. • Employees are circulating an open letter asking VMware and Pivotal leadership to retain the workplace operations team. A person familiar with the matter says that the letter has over 250 employee signatures. • The letter says that laying off the WorkOps team would be a breach of trust between Pivotal and its new owners at VMware. • "VMware and Pivotal are working together to ensure our combined organization will be structured for success," a VMware spokesperson said. Pivotal declined to comment. • Click here for more BI Prime stories. The Dell-owned developer software company Pivotal is facing significant job cuts as it prepares for the ...
|
|
| Former Dropbox CTO Quentin Clark just joined General Catalyst as a managing director
|
| Quentin Clark resigned a couple of weeks ago as the CTO of Dropbox at the same time that the storage company announced two other execs — Bharat Mediratta and Tim Young — were joining its leadership team in Clark's stead. Now we know where Clark was headed — into the world of venture capital and, more specifically, into a role as a managing director with the 19-year-old venture firm General Catalyst. He joins a team of enterprise investors within the firm that includes Steve Herrod, himself the former CTO of VMWare; Paul Sagan, the former CEO of Akamai; and Holly Maloney, who joined GC as its first female managing director roughly two years ago after spending seven years with North Bridge Venture Partners in Boston. Clark will remain in the Bay Area, looking at earlier-stage opportunities alongside Herrod, while Sagan and Maloney handle later-stage deals from GC's Boston location. To find out a bit more, we talked late last week with Clark — who'd previously spent two years in the C-suite as SAP and 20 ...
|
| VMware Completes $2.1 Billion Acquisition of Carbon Black
|
| Virtualization and cloud infrastructure giant VMWare (NYSE: VMW) announced on Tuesday that it has completed its acquisition of endpoint security firm Carbon Black (NASDAQ: CBLK) in an all-cash transaction for $26 per share, representing an enterprise value of $2.1 billion.
|
|
, article language English ( Russian [ translation ] )
