Broadcom discussions continue despite the CEO denial

Not true? Let's just say not "not true"

Jay Chaudhry, CEO of the cloud security company Zscaler, publicly dismissed our reporting on LinkedIn regarding Broadcom's alleged plans to acquire his firm. He firmly stated, "I want to set-the-record-straight that neither I nor the Zscaler board of directors are seeking or entertaining any offers to acquire Zscaler. Any reports stating otherwise, are untrue."

However, our sources confirmed that discussions are ongoing with multiple parties showing interest in acquiring Zscaler. Despite Chaudhry's predictable rebuttal at this early stage, we stand by the accuracy of our coverage. Chaudhry's response is aimed at his two most important constituencies: his staff and his customers. There is also a third one, more in a minute. Jay’s note allows his sales teams teams an easy out to customer questions. Thus, we can clearly see that this constituency has been addressed. According to a linkedin analysis shared with us, over 50% of audience to Jay’s message came from Zscaler sales. As to the c…