but i'm focussed one deal at a time, and this is vmware. >> okay. anything about inflation and about the pace of economy, about concerns you might have, about what the fed is going to do that's never been your style you just don't seem to focus on that at all. >> well, no. because i think we are fairly unique in the way we focus on the business to start off with, i have a great advantage. i have a strong tailwind in my business and the business odel which is about technology spending, technology needed to create digital transformation. i know you heard that a long time. >> sure we have. >> every enterprise needs these days to modernize themselves and create a visual footprint. and broadcom with 22 different franchises out there, key franchises in technology enables that to happen in fact, jim, i got to tell you, in 99.5% of every bit of data that falls in the internet, we'll cross at least one or more broadcom chip. >> that's incredible when i look at your complete mosaic, every one of them is doing well. it is almost like you don't tolerate divisio

how do you intend to compete with citrix and vmware which are the giants in the tech space?they really are giants. if you look at our largest project, it is parallels, which enables you to do such thing as running windows on a mac. we have the desktop solution millions of people enjoy and love and enable them to do a better job but we also have -- we just bought a company that enables us to be anywhere. you don't have to download anything but a security way of streaming applications. there are the big giants like citrix and vmware that are serving clients that have 5000 end up consumers. we are here to make it easy for every company, every worker in every company to work from wherever they want, be it the coffee shop, the sofa, the office in a secure and easy way. emily: you have been around the block -- you are the ceo at opentable and have been through some ups and downs when it comes to to the markets. how do you see this shift to remote work playing out? is it here for good or some -- are some companies going to regret telling workers they can work from home forever? chr

how do you intend to compete with vmware? a giant in the tech space. really are giants. look at our product. it parallels. as many people know, it enables you to do such things as running windows on a mac. it's more than that. we have the desktop solution that millions of people enjoy and love and enable them to do a better job. we also have a server cloud. we just bought a company this week that enabled us to be anywhere. you don't have to download anything. streaming applications. as we think about the virtualization space, there are big giants like citrix and vmware which are serving clients that have 5000 and up consumers. we are here to make it even -- easy for every worker and company to work from wherever they want. be at the coffee shop, the sofa, the office. i really secure and easy way. emily: you've been around the block. you were the ceo of opentable. you've been through ups and downs when it comes to the market. how do you see the shift to remote work working out? christa: i think the genie is out of the bottle. if you look at pre-pandemic

they think vmware is fantastic and it will be accretive hock tan has put together a monster. him directly, i mentioned you by name. i thought you might like that. >> thank you >> you're quite welcome. he said there are so many targets for him to buy that are accretive, tell david not to worry about it, basically. >> i appreciate that by the way, it was a great get and a great interview, jim >> thank you >> it is important to hear from him and we don't the last time all three of us had him on set at the nyc and that's quite a few years ago by the way, we should point out, and it's highly unlikely, but there is still a go shop on vmware, remember, jim, that it was interesting they included that because it was a strategic deal, obviously, not an lbo where we're accustomed to seeing those go shots still worth mentioning you never know it is still a slight possibility. >> it's just a great move for hock because that puts him at 50% software he wants to be more software it has higher margins. this will drive the stock up if people want to buy a stock that is basically a hedge on te

. >> and getting bigger when and if they complete the vmware deal >> and 50% in software. >> yes 50%y complete that deal you're a believer, you're saying this is a company built on acquisition, do the bigger roll up, once the music stops the question is can they sustain that kind of momentum? so far, they're getting out there now, vmware is a big deal. >> it's a huge deal. >> what's next, it has to be intel. >> certainly larger than intel they're going to buy intel if they keep going. >> that's my point. >> you're right. carl, there's some technology that can be a winner here because they lower the price of your business and some technology is a winner because it's, again, cyber security against the cyber bad guys i had cloud strike last night, the growth area in technology is trying to stop the bad guys from shutting down your product line or leaking information you don't want to read we didn't talk about coin base, by the way and possible regulation, which i think what happened of these cryptos. but what is amazing is george came out and said once again, there is a desk for if you

emily: any chance cisco would make a competing bid for vmware?not going to comment on that. we are constantly looking at all of our potential targets out there and we build partnerships with companies, we acquire and do lots of our own innovation and research and development and we will continue to focus on all of those. emily: you've been in this industry for a long time and have been working at cisco for a long time. one of our guests pointed to cisco's stock and what happened in that busts and how long it took to get where it is now. how do you see the downturn in the longer term picture? i'm curious how you are evaluating it. chuck: it's funny you say i've been around for a long time. you were one of my first interviews when i became ceo. i think what has happened is there's a higher value put on being profitable clearly. there's a lot of similarities and companies that have great ideas and similarities with the.com bust. i've heard people talk about it and there were quality companies that emerged. what will be realized is what are the busin

we've seen this massive rod, vmware deal. i wonder if that is in a league of its own, on the heels of twitter which is a unique situation. and there was microsoft and activision. are you going to see it more big-time m and a through this tumultuous time? or not? michael: to a large extent it is going to be different. there are going to be different buyers. so one of the places where we should see a lot of m and a is an enterprise software. so if you look at the mcafee and salesforce and a slack, those are the kinds of acquisitions that we should continue to see. one of the things that is different is we are likely to see more private equity deals, so if you look at -- we have nielsen at 60 billion. other businesses like bravo's purchase of proof point. we're going to see a lot more because the market is seeing capitulation in terms of pricing. this is a moment when private equity firms can rush and find businesses that were way overvalued, versus a year ago. emily: all right, michael wolff of activate. always good to have you

. >> the last time we had a big one ibm bought red hat broadcom this time, vmware some are interested are valued at levels you have to be >> there's absolutely a lot of opportunity out there. >> okay, but at the same time, chuck, the gloom is palpable you're on the board of blackrock which is a great company, larry fink the best -- one of the greatest in the world when you talk, is anybody saying, you know what, this is a sgraut opportunity and russia will solve ukraine china is going to join the council of nations and this is the moment for the u.s.? does anybody say stuff like that or too polyannaish >> you know, the reality is there are a lot of complications in the world i had my board meeting and we talked about a lot i think those are things that are going to stay with us. but, you know, i believe that the world has been so complicated for the last decade and we've had geopolitical tensions on a constant basis, trade wars, pandemics, social justice reckonings and inflation and i think that customers in the enterprise space, the consumer is a different issue. enterprise space, th

you saw it with kohl's, vmware, valuation adjustment particularly on companies that disappointed shareholdersears that don't make any money. people want earnings. they don't want to finance a company like twitter that is constantly a disappointment for shareholders. neil: jonathan, what do you think? >> pessimism is high among technology investors. of the elon musk is waking up as most investment managers technology is not where the answer is. not what is working in the markets right now. elon might play a little rope-a-dope to get the asset lower. twitter is not only poorly run, but the weakest element of the market right now. it is very susceptible of the market, simply more government regulations. this is the problem, with respect to larry, in fact m&a is not succeeding right now. you're seeing deal of a deal being pulled. ipos are being pulled because of negative pessimism on wall street. the economy writ large is freezing up a. that has a lot to do with fears over inflation and what is happening in washington and wall street as well. neil: talking about merger and acquisition activity it

>> i think it's a great question vmware, that's very bullish. i'd say it's spotty, but there's no doubt about it, when it's in the dow, it's on fire mark, you remember, you also had brett taylor, he spent so much time with twitter, he was the chairman of twitter. what would happen if he was doing a lot more money mark coming from cabrpri, a yact >> he was looking pretty relaxed versus the analysts who were all doing these channel checks that were completely worthless. what we have to do is go over the analysts who did the channel checks and see if they were ill-advised in their predictions of -- >> yeah. what did they miss >> i just think what they don't understand is that a lot of their business would be like a st statefarm they had one and added to it. a formula 1, the ceo of lamborghini goes to formula 1. there are things they can't find with the channel checks. you have to cut that one out anyone doing that should do something else for a living. >> i want to buy a yacht, jim, based on low interest rates and i'm going to name it thur sston po