Coding for the Future of U.S. National Defense

By
Hock
Tan,
Broadcom
President
&
CEO

Since
we
announced
our
intent
to
acquire
VMware
last
year,
customers
have
expressed
to
me
their
excitement
about
VMware’s
momentum
around
cloud-native
apps
in
its
Tanzu
business.
Tanzu
is
a
central
part
of
VMware’s
software
portfolio
and
its
multi-cloud
strategy,
and
will
remain
that
way
after
Broadcom’s
acquisition
of
VMware
closes.

The
future
of
enterprise
IT
is
multi-cloud
—
the
ability
to
distribute
applications
and
services
across
a
combination
of
clouds.
A
combined
Broadcom-VMware
will
empower
customers
to
modernize
and
architect
their
IT
infrastructure
with
large-scale,
secure,
and
reliable
yet
flexible
solutions. 
  

The
move
to
multi-cloud
is
changing
the
way
modern
software
applications
are
designed
and
built.
Kubernetes
clusters,
which
VMware’s
Tanzu
business
enables,
have
become
a
core
component
of
modern
software
applications,
making
them
more
resilient,
easier
to
manage,
and
capable
of
running
in
internal
environments
and
between
different
clouds. 
As
a
result,
enterprises
can
accelerate
the
speed
and
agility
of
innovation
within
their
organizations
in
a
multi-cloud
environment.

VMware-enabled
software
factories

VMware
customers
are
leveraging
Tanzu
to
run
some
of
the
most
mission
critical
cloud-native
applications
in
the
world,
including
government
agencies
that
are
essential
to
national
security.
The
battlefields
of
tomorrow
are
digital
domains,
which
means
the
tools
essential
to
a
country’s
national
defense
have
to
be
both
physical
and
virtual.

Just
last
month,
the
U.S.
Department
of
Defense
(DOD)
announced
a
$9
billion
investment
in
a
multi-cloud
infrastructure
across
all
domains
and
classification
levels.
Even
before
this
major
move
to
multi-cloud,
VMware’s
Tanzu
Labs
has
already
been
at
work
assisting
DOD
in
building
its
digital
defense
capabilities
by
going
cloud-native,
engaging
in
workforce
reskilling,
and
developing
software.
VMware
Tanzu
Labs
partners
with
organizations
worldwide
to
accelerate
the
delivery
of
software
and
modernize
legacy
apps,
while
reducing
operating
costs
and
risk
working
side
by
side
with
customers
to
build
capabilities,
transfer
skills
and
knowledge,
and
instill
a
process
that
shows
immediate
and
lasting
impact.
In
a
short
time,
Tanzu
Labs
has
made
an
immediate
and
lasting
impact
on
DOD’s
efforts
to
use
all
its
tools,
virtual
and
physical,
to
protect
U.S.
interests.

Seven
years
ago,
in
response
to
the
growing
potential
of
digital
confrontations
with
adversaries,
Tanzu
Labs
sought
to
work
with
DOD
to
improve
speed
and
agility
in
software
development,
starting
with
increasing
the
digital
proficiency
of
U.S.
soldiers
and
service
personnel.
With
no
existing
footprint
of
tools,
practices,
or
personnel,
DOD
and
Tanzu
Labs
were
starting
from
scratch
when
they
first
stood
up
a
VMware-enabled
Software
Factory
within
the
U.S.
Air
Force,
and
did
it
in
only
120
days.

Today,
the
U.S.
Air
Force
Software
Factory
is
now
self-sustaining,
employing
more
than
1200
people
who
build
mission
critical
systems
that
will
increasingly
leverage
a
multi-cloud
strategy. 
The
DOD
has
followed
suit
by
standing
up
additional
software
factories
within
the
U.S.
Space
Force
and
the
U.S.
Army.
Tanzu’s
methods
of
enablement
helped
create
a
learning
environment
within
the
factories
that
provides
foundational
knowledge
to
soldiers,
airmen,
sailors,
guardians
and
government
civilians.
The
mission
objective
is
self-sustaining
factories
that
can
continuously
deliver
enterprise
grade
software
into
the
hands
of
constituents.

Executing
on
the
mission:
The
Army
Software
Factory

When
it
was
stood
up
in
2021,
the
Army
Software
Factory
established
several
key
objectives,
including
increasing
overall
digital
proficiency
throughout
the
Army;
enabling
Army
soldiers
to
effectively
defend
and
fight
in
an
increasingly
data-centric
battlefield;
solving
real
and
virtual
Army
problems
by
leveraging
agile
development
security
operations
in
multi-cloud
technology
and
cybersecurity;
and
harnessing
the
culture
of
the
U.S.
innovation
economy
through
close
collaboration
with
tech
entrepreneurs
and
academics.

Since
then,
the
Army
Software
Factory
has
worked
with
Tanzu
Labs
to
train
more
than
100
Army
soldiers
and
civilians
in
the
art
of
modern
cloud-native
development
practices,
skills,
and
culture
to
prepare
for
defending
and
warfighting
across
real
and
digital
battlefields.
This
training
will
have
long-term
benefits
for
the
U.S.
Army,
helping
to
maximize
the
long-term
scalability
and
sustainability
of
modern
software
development
and
delivery.

Building
on
VMware
Tanzu’s
work
with
DOD

DOD’s
Software
Factories
are
just
scratching
the
surface
when
it
comes
to
cloud-native
application
development
and
the
future
of
virtual
national
defenses.
With
its
multi-cloud
strategy
very
much
in
the
initial
stages
of
development,
DOD
is
building
and
deploying
more
modern
applications
every
year.

Modernizing
legacy
systems
as
part
of
DOD’s
move
to
multi-cloud
is
a
national
security
imperative.
Through
its
partnership
with
Tanzu
Labs,
DOD
is
poised
to
succeed
by
continuing
to
invest
in
software
factories
that
build,
secure,
and
deploy
cloud-native
applications
for
its
national
defense
and
warfighting
capabilities.
It’s
a
model
that
is
also
drawing
the
attention
of
other
U.S.
government
agencies
that
are
also
embracing
multi-cloud
environments.
Upon
the
close
of
Broadcom’s
acquisition
of
VMware,
we
will
remain
committed
to
this
partnership
with
DOD,
and
we
look
forward
to
building
similar
mission-critical
collaborations
across
the
U.S.
government.

The
move
to
a
#multicloud
future
has
the
power
to
change
how
#software
apps
are
built.

Learn
more
from
Broadcom

Cautionary
statement
regarding
forward-looking
statements

This
communication
relates
to
a
proposed
business
combination
transaction
between
Broadcom
Inc.
(“Broadcom”)
and
VMware,
Inc.
(“VMware”). 
This
communication
includes
forward-looking
statements
within
the
meaning
of
Section 21E
of
the
U.S.
Securities
Exchange
Act
of
1934,
as
amended,
and
Section 27A
of
the
U.S.
Securities
Act
of
1933,
as
amended. 
These
forward-looking
statements
include
but
are
not
limited
to
statements
that
relate
to
the
expected
future
business
and
financial
performance,
the
anticipated
benefits
of
the
proposed
transaction,
the
anticipated
impact
of
the
proposed
transaction
on
the
combined
business,
the
expected
amount
and
timing
of
the
synergies
from
the
proposed
transaction,
and
the
anticipated
closing
date
of
the
proposed
transaction. 
These
forward-looking
statements
are
identified
by
words
such
as
“will,”
“expect,”
“believe,”
“anticipate,”
“estimate,”
“should,”
“intend,”
“plan,”
“potential,”
“predict,”
“project,”
“aim,”
and
similar
words
or
phrases. 
These
forward-looking
statements
are
based
on
current
expectations
and
beliefs
of
Broadcom
management
and
current
market
trends
and
conditions. 

These
forward-looking
statements
involve
risks
and
uncertainties
that
are
outside
Broadcom’s
control
and
may
cause
actual
results
to
differ
materially
from
those
contained
in
forward-looking
statements,
including
but
not
limited
to:
the
effect
of
the
proposed
transaction
on
our
ability
to
maintain
relationships
with
customers,
suppliers
and
other
business
partners
or
operating
results
and
business;
the
ability
to
implement
plans,
achieve
forecasts
and
meet
other
expectations
with
respect
to
the
business
after
the
completion
of
the
proposed
transaction
and
realize
expected
synergies;
business
disruption
following
the
proposed
transaction;
difficulties
in
retaining
and
hiring
key
personnel
and
employees
due
to
the
proposed
transaction
and
business
combination;
the
diversion
of
management
time
on
transaction-related
issues;
the
satisfaction
of
the
conditions
precedent
to
completion
of
the
proposed
transaction,
including
the
ability
to
secure
regulatory
approvals
on
the
terms
expected,
at
all
or
in
a
timely
manner;
significant
indebtedness,
including
indebtedness
incurred
in
connection
with
the
proposed
transaction,
and
the
need
to
generate
sufficient
cash
flows
to
service
and
repay
such
debt;
the
disruption
of
current
plans
and
operations;
the
outcome
of
legal
proceedings
related
to
the
transaction;
the
ability
to
complete
the
proposed
transaction
on
a
timely
basis
or
at
all;
the
ability
to
successfully
integrate
VMware’s
operations;
cyber-attacks,
information
security
and
data
privacy;
global
political
and
economic
conditions,
including
cyclicality
in
the
semiconductor
industry
and
in
Broadcom’s
other
target
markets,
rising
interest
rates,
the
impact
of
inflation
and
challenges
in
manufacturing
and
the
global
supply
chain;
the
impact
of
public
health
crises,
such
as
pandemics
(including
COVID-19)
and
epidemics
and
any
related
company
or
government
policies
and
actions
to
protect
the
health
and
safety
of
individuals
or
government
policies
or
actions
to
maintain
the
functioning
of
national
or
global
economies
and
markets;
and
events
and
trends
on
a
national,
regional
and
global
scale,
including
those
of
a
political,
economic,
business,
competitive
and
regulatory
nature.

These
risks,
as
well
as
other
risks
related
to
the
proposed
transaction,
are
included
in
the
registration
statement
on
Form
S-4
and
proxy
statement/prospectus
that
has
been
filed
with
the
Securities
and
Exchange
Commission
(“SEC”)
in
connection
with
the
proposed
transaction. 
While
the
list
of
factors
presented
here
is,
and
the
list
of
factors
presented
in
the
registration
statement
on
Form
S-4
are,
considered
representative,
no
such
list
should
be
considered
to
be
a
complete
statement
of
all
potential
risks
and
uncertainties. 
For
additional
information
about
other
factors
that
could
cause
actual
results
to
differ
materially
from
those
described
in
the
forward-looking
statements,
please
refer
to
Broadcom’s
and
VMware’s
respective
periodic
reports
and
other
filings
with
the
SEC,
including
the
risk
factors
identified
in
Broadcom’s
and
VMware’s
most
recent
Quarterly
Reports
on
Form
10-Q
and
Annual
Reports
on
Form
10-K. 
The
forward-looking
statements
included
in
this
communication
are
made
only
as
of
the
date
hereof. 
Neither
Broadcom
nor
VMware
undertakes
any
obligation
to
update
any
forward-looking
statements
to
reflect
subsequent
events
or
circumstances,
except
as
required
by
law.

No
offer
or
solicitation

This
communication
is
not
intended
to
and
shall
not
constitute
an
offer
to
buy
or
sell
or
the
solicitation
of
an
offer
to
buy
or
sell
any
securities,
or
a
solicitation
of
any
vote
or
approval,
nor
shall
there
be
any
sale
of
securities
in
any
jurisdiction
in
which
such
offer,
solicitation
or
sale
would
be
unlawful
prior
to
registration
or
qualification
under
the
securities
laws
of
any
such
jurisdiction. 
No
offering
of
securities
shall
be
made,
except
by
means
of
a
prospectus
meeting
the
requirements
of
Section
10
of
the
U.S.
Securities
Act
of
1933,
as
amended.  

Additional
information
about
the
transaction
and
where
to
find
it

In
connection
with
the
proposed
transaction,
Broadcom
has
filed
with
the
SEC
a
registration
statement
on
Form
S-4
that
includes
a
proxy
statement
of
VMware
and
that
also
constitutes
a
prospectus
of
Broadcom. 
Each
of
Broadcom
and
VMware
may
also
file
other
relevant
documents
with
the
SEC
regarding
the
proposed
transaction. 
The
registration
statement
was
declared
effective
by
the
SEC
on
October
3,
2022
and
the
definitive
proxy
statement/prospectus
has
been
mailed
to
VMware
shareholders.
This
document
is
not
a
substitute
for
the
proxy
statement/prospectus
or
registration
statement
or
any
other
document
that
Broadcom
or
VMware
may
file
with
the
SEC.  
INVESTORS
AND
SECURITY
HOLDERS
ARE
URGED
TO
READ
THE
REGISTRATION
STATEMENT,
PROXY
STATEMENT/PROSPECTUS
AND
ANY
OTHER
RELEVANT
DOCUMENTS
THAT
MAY
BE
FILED
WITH
THE
SEC,
AS
WELL
AS
ANY
AMENDMENTS
OR
SUPPLEMENTS
TO
THESE
DOCUMENTS,
CAREFULLY
AND
IN
THEIR
ENTIRETY
IF
AND
WHEN
THEY
BECOME
AVAILABLE
BECAUSE
THEY
CONTAIN
OR
WILL
CONTAIN
IMPORTANT
INFORMATION
ABOUT
THE
PROPOSED
TRANSACTION. 
Investors
and
security
holders
may
obtain
free
copies
of
the
registration
statement
and
proxy
statement/prospectus
and
other
documents
containing
important
information
about
Broadcom,
VMware
and
the
proposed
transaction
once
such
documents
are
filed
with
the
SEC
through
the
website
maintained
by
the
SEC
at
http://www.sec.gov. 
Copies
of
the
documents
filed
with
the
SEC
by
Broadcom
may
be
obtained
free
of
charge
on
Broadcom’s
website
at
https://investors.broadcom.com. 
Copies
of
the
documents
filed
with
the
SEC
by
VMware
may
be
obtained
free
of
charge
on
VMware’s
website
at
ir.vmware.com.

About
Hock
Tan:

Broadcom
Software

Hock
Tan
is
Broadcom
President,
Chief
Executive
Officer
and
Director.
He
has
held
this
position
since
March
2006.
From
September
2005
to
January
2008,
he
served
as
chairman
of
the
board
of
Integrated
Device
Technology.
Prior
to
becoming
chairman
of
IDT,
Mr.
Tan
was
the
President
and
Chief
Executive
Officer
of
Integrated
Circuit
Systems
from
June
1999
to
September
2005.
Prior
to
ICS,
Mr.
Tan
was
Vice
President
of
Finance
with
Commodore
International
from
1992
to
1994,
and
previously
held
senior
management
positions
with
PepsiCo
and
General
Motors.
Mr.
Tan
served
as
managing
director
of
Pacven
Investment,
a
venture
capital
fund
in
Singapore
from
1988
to
1992,
and
served
as
managing
director
for
Hume
Industries
in
Malaysia
from
1983
to
1988.