Broadcom Inc. has extended its strategic collaboration with ING Group, a leading global bank, to deploy VMware Cloud Foundation 9.0 (VCF 9) across ING’s private‑cloud infrastructure. The extension builds on a prior agreement that introduced VCF 9 to ING’s data‑center portfolio, and it signals a deepening of the relationship as the bank expands its multi‑region, cloud‑native environment.
VCF 9 brings a suite of enhancements that address the banking sector’s most demanding requirements. The platform now includes NVMe memory tiering for AI‑intensive workloads, TLS 1.3 enabled by default, and FIPS 140‑2 compliance, all of which support ING’s strict data‑safety, regulatory, and data‑sovereignty mandates. ING will use the platform to consolidate workloads, reduce management overhead, and accelerate the delivery of new digital banking services.
For Broadcom, the deal strengthens its recurring‑revenue software moat. The company’s Q3 2025 revenue of $15.952 billion, up 22% year‑over‑year, was driven largely by VMware Cloud Foundation contracts and a surge in AI‑related sales. The partnership with ING adds a high‑profile, long‑term customer that will deploy VCF 9 across its global data‑center footprint, reinforcing Broadcom’s position in the financial‑services market and supporting the company’s dual‑moat strategy that pairs high‑margin software with a high‑growth AI semiconductor business.
Management comments underscore the strategic fit. Broadcom CEO Hock Tan said the partnership “underscores VCF 9’s transformative power for financial institutions, offering a resilient, AI‑ready foundation that delivers cloud‑like agility and efficiency.” ING CTO Daniele Tonella added that the platform “provides the unified, enterprise‑grade private‑cloud environment needed to achieve multi‑region consistency, enhance workload mobility, and meet stringent compliance requirements.”
The extension represents a significant operational milestone for both firms. It expands Broadcom’s VMware customer base into a new, large‑scale enterprise, while giving ING a modern, secure private‑cloud foundation that supports its digital‑banking roadmap. The collaboration is expected to accelerate ING’s modernization, reduce operational complexity, and shorten time‑to‑market for new products, thereby reinforcing Broadcom’s recurring‑revenue pipeline and the bank’s competitive positioning in a highly regulated industry.
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