vmware

  • 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