Broadcom’s Software President Departs, Duties Shift to CEO

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The president of Broadcom software program enterprise is leaving the corporate for an additional job, together with his duties shifting to Chief Executive Hock Tan, in accordance to a regulatory submitting.

Thomas Krause is leaving to change into CEO of the mixed firm of Citrix Systems and Tibco Software. Vista Equity Partners and Evergreen Coast Capital Corp., the private-equity arm of Elliott Management Corp., in January agreed to buy Citrix for $16.5 billion, together with debt, to mix the cloud-computing firm with Tibco.

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