vmware

  • VMware Confirms Layoffs In Earnings Statement As It Prepares For Dell Acquisition

    VMware Confirms Layoffs In Earnings Statement As It Prepares For Dell Acquisition

    VMware confirmed that it was laying off 800 employees today as part of its fourth quarter earnings statement. The layoffs had been originally reported by Fortune last week. The move appears to be part of the ongoing dance among EMC federated companies prior to the Dell acquisition expected to go through later this year. Dell announced it was buying EMC in October for $67 billion. EMC owns… Read More

  • Plot Thickens In Dell-EMC Deal As VMware Announces It’s Walking Away From Virtustream Deal With EMC

    Plot Thickens In Dell-EMC Deal As VMware Announces It’s Walking Away From Virtustream Deal With EMC

    Ah, nothing goes easy with that $67 billion Dell-EMC deal, does it? Today the plot thickened a bit more when VMware announced in a filing with the SEC that it was walking away from the agreement with EMC to form Virtustream as a jointly owned company. Re/code first reported this news. This whole deal has from the start been a fairly complex tale, and like the movie Groundhog Day, one we… Read More

  • Google Buys Bebop And Names Diane Greene To Lead Enterprise Cloud Effort

    Google Buys Bebop And Names Diane Greene To Lead Enterprise Cloud Effort

    In a surprise move today, Google announced it was buying enterprise development platform startup bebop and making its founder, Diane Greene head of Google’s enterprise cloud business. Greene boasts an impressive background as one one of the co-founders and former CEO at VMware. Her company had been operating in stealth up until today’s acquisition. Google made the move official… Read More

  • Pivotal IPO Could Make Dell-EMC Deal Even More Complicated

    Pivotal IPO Could Make Dell-EMC Deal Even More Complicated

    Even while the Dell-EMC deal seemingly moves forward, there is still plenty of maneuvering going on at EMC. A couple of weeks ago VMware announced it was creating a new company called Virtustream that will be jointly owned with EMC, and just yesterday a re/code report suggested that Pivotal, another EMC-VMware joint venture, could IPO in early 2016. All of this is further complicated… Read More

  • EMC And VMware Spin Out Virtustream As Jointly Owned Company

    EMC And VMware Spin Out Virtustream As Jointly Owned Company

    In a surprise move today at its earnings call, VMware announced that together with EMC, it was forming a jointly-owned company under the name of Virtustream, which is the company EMC bought last spring for $1.2 billion. The move comes against the dramatic backdrop of the announcement last week that Dell was acquiring EMC for $67 billion. You see, EMC owns 80 percent of VMware. To… Read More

  • VMWare Beats Expectations With $1.02 EPS, $1.67B In Revenue

    VMWare Beats Expectations With $1.02 EPS, $1.67B In Revenue

    At a time when there are a lot of questions about the company’s future, VMWare beat analyst expectations with $1.02 in non-GAAP earnings per share compared to expectations of $1. The company reported $1.67 billion in revenue, up 14 percent year-over-year, beating expectations of $1.66 billion. Read More

  • VMware To Purchase Boxer Email App And Fold It Into AirWatch

    VMware To Purchase Boxer Email App And Fold It Into AirWatch

    VMware didn’t let this week’s news that it was included in the $67 billion merger with Dell prevent it from breaking some news of its own, announcing plans to purchase email management app Boxer for an undisclosed amount at VMworld Europe. Even though EMC owns 80 percent of VMware, it has always operated as an independent entity, publicly traded under a separate stock. It… Read More

  • VMware Reports Q3 Sales Of $1.67B, Stock Drops After Dell Offers $67B For EMC

    VMware Reports Q3 Sales Of $1.67B, Stock Drops After Dell Offers $67B For EMC

    Alongside the not-unexpected news that Dell would acquire EMC in a record $67.1 billion deal, EMC-controlled VMware released an early look at its Q3 results: The virtualization giant said it expects to post $1.672 billion in sales, with non-GAAP net income of $1.02/share. The market, at least initially, doesn’t look very impressed: shares of VMware dropped by as much as 10… Read More

  • A Look At Startup Opportunities In The Container Era Crunch Network

    A Look At Startup Opportunities In The Container Era

    The DockerCon user conference recently concluded in San Francisco, and the evidence of the container movement gaining momentum was clear — 2,000+ attendees, 70 sponsors and more than 40 exhibitors. Add to this the approximately $500 million of VC investment in container-related companies to date; the lists of hot startups that are beginning to appear; the anointing of new paradigms… Read More

  • Microsoft Azure Makes Migrating From AWS Easier, Improves High-Performance Computing Support

    Microsoft Azure Makes Migrating From AWS Easier, Improves High-Performance Computing Support

    Microsoft announced an update to its Azure cloud computing platform today. This update includes the launch of a couple of new features for developers who want to run large-scale, compute-intensive applications on the platform, as well as new features for Azure Site Recovery that will make it easier for developers to migrate to Azure from AWS. Read More

  • VMware Agrees To Pay $75.5M To Settle Illegal Pricing Allegations

    VMware Agrees To Pay $75.5M To Settle Illegal Pricing Allegations

    In a significant settlement that could embolden American employees who witness company misconduct, VMware and government contractor Carahsoft Technology Corporation agreed to pay the $75.5 million today to settle illegal pricing allegations. The Department of Justice accused the companies of violating the Fair Claims Act and overcharging the government, in a case brought in conjunction with… Read More

  • Commandments For The Speed Of Security Crunch Network

    Commandments For The Speed Of Security

    PF Chang’s. Domino’s. eBay. Home Depot. Nieman Marcus. Sony. That isn’t just a list of wildly successful companies, it’s also a list of hacked companies; companies whose security was profoundly, publicly compromised. And it’s just a very small sample of a much larger set. The problem is not just that our industry’s approach to security is compromised but a… Read More

  • As Internal Threats Rise, Investors Back New Security Tech

    As Internal Threats Rise, Investors Back New Security Tech

    Amid this steady drumbeat of technology breaches and security snafus, venture capitalists have spent roughly $6.5 billion on new technologies to combat this menace, according to CrunchBase data. The latest company to benefit from this deluge of dollars, and the one that addresses the issue of bad actors inside corporate networks most directly, is HyTrust, which closed on $25 million. Read More

  • Microsoft Launches New Azure Backup And Recovery Services

    Microsoft Launches New Azure Backup And Recovery Services

    Microsoft today announced new features (in preview) for its Azure Backup service. In addition, the company is launching new functionality for its Azure Site Recovery service into preview. The company is clearly gearing both of these services toward enterprises and notes that they will be especially interesting to companies making the move to hybrid cloud deployments. Using Azure Backup… Read More

  • Four Patents That Changed Enterprise Storage Crunch Network

    Four Patents That Changed Enterprise Storage

    Sports fans get very excited about Final Fours — whether it’s the new four-team playoff in college football, the semi-finals competitors at Wimbledon or, most famously, the remaining competitors in NCAA basketball’s March Madness. As we are in the midst of this year’s tournament, I started pondering a Fab Four, if not the Final Four, of the world’s impactful… Read More

  • Google And VMware Make Accessing Windows Apps, Desktops From ChromeOS Easier

    Google And VMware Make Accessing Windows Apps, Desktops From ChromeOS Easier

    Google and VMware today announced that they are working together to make it easier for Chromebook users in the enterprise to access Windows apps and the Windows desktop on their machines. Using VMware’s Horizon desktop as a service (DaaS), which uses VMware‘s HTML5 Blast protocol, it will now be easier for Chromebook users to connect to a traditional Windows experience. Remote… Read More

  • Tech Stocks Slip On Earnings Weakness

    Tech Stocks Slip On Earnings Weakness

    Today has been a difficult one for technology earnings, with Apple, Yahoo, and VMware losing ground after reporting their quarterly results. Apple, despite growing its revenue and earnings per share, reported flat net profit and an iPhone sales figure that, while higher than the year prior, disappointed the investing class. Its stock fell in after-hours trading and today dropped a… Read More

  • Docker Raises $15M For Its Open-Source Platform That Helps Developers Build Apps In The Cloud

    Docker Raises $15M For Its Open-Source Platform That Helps Developers Build Apps In The Cloud

    The shift to scale out architectures and an app-centric culture has turned out well for Docker and its lightweight open-source “container” technology designed for developers to quickly move code to the cloud. That’s evident in today’s news that the company has raised $15 million in a Series B round led by Greylock Partners, with minority participation from Insight… Read More

  • The Cloud Washers Will Lose

    The Cloud Washers Will Lose

    There are two camps in the cloud world. There are the cloud washers, which are the ones who put a cloud sticker on everything. They say, “Oh, yes, it’s a private cloud for big data.” Then they throw in a few dozen other buzz words for the new look on their legacy technology. The other camp, the cloud services providers, enable customers to innovate in less time than it… Read More

  • Former Microsoftie And Googler Lucovsky Leaves VMware For New Project, No Word On Chairs Thrown

    Former Microsoftie And Googler Lucovsky Leaves VMware For New Project, No Word On Chairs Thrown

    VMware VP of Engineering Mark Lucovsky is leaving the virtualization giant for a ‘new chapter’ he’s referring to as ‘#nine’ on Twitter. Lucovsky has been with VMware for around four years and before that held positions at Google and Microsoft. VMware told GigaOm that “during his more than four years at VMware, Mark Lucovsky  has been an important… Read More

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