Nutanix CEO Rajiv Ramaswami Talks Broadcom, VMware, And His Vision To Help Partners Drive Business

There has been a lot of talk about a possible takeover, whether in relation to the board governance changes, or what was reported in the Wall Street Journal, or what was in Bloomberg, it’s become kind of persistent. So I just want to give you a chance to talk about that.

First of all, there’s no connection between the governance changes and any rumor.

We started out early this year with eliminating a dual-share class. In fact, that’s probably the most significant governance change and nobody even said much about it at that time. This was in February or January that we did that. That’s the voting control. The dual-class Class A and Class B shares. One class of shares was at a 10x voting, and that’s no longer there. So now it’s equal. And it’s been that way since the beginning of the year.

And then the more recent governance changes, public companies, as they get more mature, typically will declassify their board. So typically, in classified boards, you get a portion of the board to stand for election every year, and then a declassified board, everybody stands for election, the same year. And we made that change as well.

Now, in terms of the rumors and speculation, look, it’s not appropriate for me to comment, but we are flattered by all the attention we’re getting. And in some ways, you know, it’s a testament to the fact that we’re doing something good in the marketplace. And we’re doing something that our customers like. We’re trying to help them continue to simplify their infrastructure. Help them walk in the cloud, with a cloud platform. We’re going to provide them freedom and flexibility of choice and delight. Our NPS score continues to be at 90 plus. So that’s really what we’re focusing on, on the financial front.

We are very focused on building a sustainable, profitable, growing company. And so that’s what we are focused on doing. And we continue to do that.