Hot Cloud News: VMware Execs in Line for Big Money Once Broadcom Takes Over

Plus, a key industry analyst talks about this week’s CEO turnover at Rackspace. And we have details on Akamai’s plans for Linode, and more.

Kelly Teal, Contributing Editor

September 29, 2022

8 Slides

Dare we say, we have a juicy cloud news roundup in store for you today. Over at VMware, the top five execs stand to make a lot — a lot — of money if they leave once the $61 billion Broadcom acquisition closes. We break down the amounts and the buckets those millions will come from.

Earlier this week, Kevin Jones, CEO of Rackspace Technology for almost four years, lost his job. We caught up with industry analyst Holger Mueller for deeper insight into the turnover (this marks Rackspace’s fifth top leader since 2016). We also get Mueller’s perspective on what new CEO Amar Maletira needs to do to help the struggling managed service provider.

In other hot cloud news, we’ve got a look at Akamai’s strategy for indie cloud provider Linode. Those details have been six months in the making, and channel partners will want to understand what’s in store. That’s because many a partner was feeling skeptical about a content delivery network vendor that targets large organizations taking on a cloud provider that serves small firms and developers.

Finally in this week’s cloud news roundup, we take a peek at Google Cloud’s expansion plans (forgive us our 12-year-old movie reference — it was irresistible). And, on a similar note, Synergy Research Group has new data on European cloud providers.

Check out the week’s biggest cloud news in the slideshow above.

Want to contact the author directly about this story? Have ideas for a follow-up article? Email Kelly Teal or connect with her on LinkedIn.

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About the Author(s)

Kelly Teal

Contributing Editor, Channel Futures

Kelly Teal has more than 20 years’ experience as a journalist, editor and analyst, with longtime expertise in the indirect channel. She worked on the Channel Partners magazine staff for 11 years. Kelly now is principal of Kreativ Energy LLC.

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