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by jaskerr
38 days ago
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Never thought I'd be able to say this, but Broadcom has out-CA'd Computer Associates. For those not familiar with CA, their model was to buy up failed enterprise software companies and milk the s@*t out of the licensing and support contracts, while spending next-to-nothing on development. Broadcom follows much the same model with steroids and protein powder. CA failed, only after years of profitable rent-seeking. The same may happen to Broadcom, but it will take years. In the meantime the companies who depend on the software they control will pay a heavy price. |
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[edit: perhaps it got darker and more cynical after I left. I wouldn't be terribly surprised. I left in 2013, post Enron style accounting fraud, pre sale to Broadcom]