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VMware Inc. (VMW) is in the Technology Industry
- Revenue
- Dec 31 2007
- $1.3B
- Profit
- Dec 31 2007
- $218.1M
- Market Cap
- Jul 23 2008
- $3.1B
Latest News and Analysis
VMware: Worst News Is In
Zachary Scheidt submits: After being bearish on VMware, Inc. VMW for quite some time now, it is interesting to see the stock was off sharply yesterday morning following the earnings release. The company reported revenues of $456 million compared to consensus expectations of $458.6 million. The non-GAAP earnings...
Buying Opportunity with VMware
Sramana Mitra submits: VMware VMW is facing troubled times. With the recent announcement of Microsoft MSFT entering the hypervisor virtual machine monitor business, the management change of CEO Diane Greene being fired and management having to revise down guidance, the stock has hit quite a turbulent patch. ...
EMC's Tucci: Still No Plans To Spin VMware ... Yet
Eric Savitz (Barron's) submits: EMC EMC has current no plans to spin off its majority stake in VMware VMW to shareholders, CEO Joe Tucci said in an interview with Tech Trader Daily this morning. “I’ve been pretty clear that there is no current plan to spin off VMware,...
Wall St. Futures Rise; Eyes on Earnings, Beige Book
(Reuters) Both Dow Jones futures and S&P 500 futures were up 0.55 percent at 0945 GMT (5:45 a.m. EDT), while Nasdaq futures were 71 percent higher. Earnings were due from more than 40 S&P 500 companies, including Anheuser-Busch BUD,...
VMware Forecast Disappoints, Shares Tumble
By Jim Finkle BOSTON (Reuters) - Business software maker VMware Inc VMW issued a revenue outlook on Tuesday that fell far short of expectations, saying customers were delaying purchases or opting for smaller and shorter contracts due to a weak economy. Shares of...
VMware Reprices Stock Options
VMware, whose stock value has dropped 65 percent from its $124.83 peak in October, is seeking shareholder approval to re-price its stock options, according to the Financial Times (and, sorry, but it requires a paid subscription). The board has already approved the move. by Erik Sherman
The Microsoft VMware Smack Down: Behind the Headlines
Gregory Ness submits: All eyes are on post-Greene VMware VMW as it prepares to announce earnings on Tuesday and as analysts speculate about how much cleanup will be included in the results. Yet I think the most important questions to be addressed in the upcoming quarterly earnings call will...
Google Is Preparing to Unleash the Cannibals on Microsoft
Gregory Ness submits: As the battleground between Microsoft MSFT and VMware VMW takes shape with the launch of Microsoft’s Hyper-V, I’ve talked about what VMware should do as well as how Hyper-V could prevail. While this is a critical battle for both companies, it is only a precursor for Microsoft...
The Virtualization Wars: Microsoft Unleashes the Cannibals Again
Gregory Ness submits: One of the most powerful weapons used by dominant technology companies is the power of commoditization. Established players with products offering breadth can crush single product line competitors by offering loss leader bundles with much lower prices for similar products. The net effect of the loss leader...
VMware: Is the Dream Over?
Robin Bloor submits: The valuation the stock market put on VMware VMW never made a great deal of sense. I wrote about this in November The EMC Paradox when the irrational exuberance of the market had driven VMware shares to over $120 and it’s value was approaching that of...
VMWare: Family Squabbles
Zachary Scheidt submits: VMware, Inc. VMW, which is 80% owned by EMC Corporation EMC, made headlines this week when the company fired their CEO Diane Green and lowered their 2008 outlook. While the change in leadership may have caught many by surprise, guidance lower should have been expected...
Tech Earnings Growth Running Out of Steam
By Jim Finkle BOSTON (Reuters) - U.S. technology companies have posted stronger quarterly profit growth than any sector except for oil, but investors fear that cracks are emerging as clients in troubled industries like finance, retail and construction reduce IT spending....
Maritz Replaces Greene at VMware: Some Implications for the Coming Microsoft Battle
Gregory Ness submits: Paul Maritz (VMware's VMW new CEO) has a cloud computing background, which makes this recent move ever more interesting for VMware watchers. by Gregory Ness
VMware -- What Is Really (Not Virtually) Going On?
As the smoke clears at VMware, many are trying to figure out exactly what went on as CEO and co-founder Diane Greene was shown the door: Analysts agree that VMware's collapsing stock price and lower revenue warning probably prompted its board to oust Greene. "It is a bit of...
Carly, Out! Meg, Out! Now Diane Greene, Out!
Kevin Maney submits: In what seems like one of the more shocking, bizarre management moves in recent tech history, red-hot software companyVMware VMW pushed out CEO Diane Greene. She not only built the company with her husband and co-founder, Mendel Rosenblum, but in the absence of a Carly Fiorina...
Troubled VMWare's Lowest Close Ever
Eric Savitz (Barron's) submits: Investors continued to shed VMware VMW shares today in the wake of yesterday’s firing of CEO Diane Greene and a reduction in the company’s 2008 outlook. The company, which went public August 13, 2007, at $29 a share, immediately went soaring higher, trading as...
Did VMWare Need a Change?
The Stalwart submits: The big tech story Tuesday was the sacking of VMWare VMW CEO Diane Greene. VMWare, of course, is/was the red-hot virtualization spinoff from EMC EMC. It came public last year, promptly rocketed to the moon, though the stock has since fallen on hard times. So did...
Does EMC Want to Keep Ownership of VMware?
Tech Confidential submits: Nobody saw it coming, but now that VMware Inc. VMW CEO Diane Greene has been replaced some analysts are theorizing that the company's majority shareholder, EMC Corp., EMC was behind the abrupt departure. While VMware has, like so many other companies adapting to the slower...
VMware Tosses Its CEO As Microsoft Closes In
VMware on Tuesday swapped CEOs and said that its revenue growth would fall short of expectations. In a statement, VMware said that CEO Diane Greene has departed. She will be replaced by Paul Maritz right effective immediately. Maritz will also be president and sit on VMware's board....
Tuesday Options Outlook: EMC, XLE, USO, GS, WB, C, CROX, LOGI
Rebecca Engmann Darst co-authored this article. EMC Corp EMC ? News of the departure of VMW founder and CEO Diane Greene and a sharp cutback in its year?s sales guidance had a predictably awful effect on VMWare (whose shares paid a 25% penalty to $40, crashing through the 52...
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- Incorporated: 1998
- CEO: Mr. Paul Maritz
VMWARE is a provider of virtualization solutions. Co.'s virtualization solutions represent an approach to computing that separates the operating system and application software from the underlying hardware to achieve improvements in efficiency, availability, flexibility and manageability. Co.'s broad and proven suite of virtualization solutions addresses a range of complex IT problems that include infrastructure optimization, business continuity, software lifecycle management and desktop management. Co. sells and markets its products largely through a network of channel partners, which includes distributors, resellers, x86 system vendors and systems integrators.
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VMware Inc. Company Info
Board of Directors
Mr. Joseph M. Tucci
Chairman
Mr. David I. Goulden
Mr. Michael W. Brown
Mr. Paul Maritz
Ms. Renee J. James
Mr. John R. Egan
Mr. Dennis D. Powell
Mr. David N. Strohm
Contact Information
3401 Hillview Avenue
Palo Alto, CA
650 427-5000
NAICS Code
Software Publishers: 511210Brought to you by IBMSponsored Resources
