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VMware's Old CEO Has Mixed Feelings About Broadcom Acquisition

  • Gelsinger was VMware CEO for 8 years before returning to Intel
  • Increased consolidation in industry is a ‘normal cycle’
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WATCH: Intel CEO Pat Gelsinger talks about the semiconductor shortage and Broadcom’s possible takeover of VMware.Source: Bloomberg

Intel Corp. Chief Executive Officer Pat Gelsinger said he has mixed feelings about the potential acquisition of software maker VMWare Inc. by Broadcom Inc.

“I’m sort of mixed on the current thinking,” Gelsinger said in an interview with Bloomberg TV in Davos, Switzerland, on Monday. “If it helps VMware be a more compelling, innovative growth story, then it’s good - if it does not, then it’s not good.”