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News  ›  GlobeNewswire Inc.

11:11 Systems Successfully Completes Acquisition of Ntirety

GlobeNewswire Inc. Logo GlobeNewswire Inc. By Not Specified
11:11 Systems Successfully Completes Acquisition of Ntirety

11:11 Systems announced the acquisition of Ntirety, marking its sixth purchase of an authorized VMware partner. The acquisition comes as Broadcom has optimized the VMware Cloud Service Provider ecosystem, prompting former VCSPs to seek partnerships or consolidation. 11:11 Systems, now one of the largest private VMware Cloud Service Providers with over 6,000 customers, continues to expand its global cloud platform and expertise through strategic acquisitions.

Insights
DPZ   neutral

Increased stake by Berkshire, but no specific growth indicators mentioned


AVGO   neutral

Broadcom's optimization of the VCSP program is driving consolidation among partners. While this reflects strategic focus on core partners like 11:11, the sentiment is neutral as it represents a business restructuring rather than a direct positive or negative development for Broadcom itself.