Citrix, VMware duel over cloud visions
Sameer Dholakia, group vice president and general manager of cloud platforms at Citrix, said VMware is gunning to be a cloud infrastructure monopoly.
Sameer Dholakia, group vice president and general manager of cloud platforms at Citrix, said VMware is gunning to be a cloud infrastructure monopoly.
VMware delivered a better-than-expected second quarter and outlook for the three months ahead.The virtualization software company reported second quarter earnings of $33 million, or 8 cents a share, down from $52 million, or 13 cents a share a year ago.
VMware delivered strong third quarter earnings and revenue as demand for virtualization continued unabated. The company also raised its outlook for the fourth quarter.
VMware is demonstrating four virtual machine management offerings designed to automate the data center.On Monday, VMware announced four products to better manage and automate the IT department to coincide with its VMworld Europe conference.
Updated below: VMware reported strong fourth quarter earnings and revenue growth but sales fell short of estimates.When the dealing was done VMware shares were down roughly $20 from a close of $83.
Microsoft's operating chief Kevin Turner set out to position the software giant as a cloud computing leader with a broad portfolio that rivals such as Google, Salesforce.com, Amazon and VMware can't match.
Notable headlines:Customer satisfaction down among PC buyers.Nokia announces product advisory for BL-5C battery.
VMware on Thursday raised the price range for its initial public offering to $27 to $29 a share, up from the previous range of $23 to $25. The company, which is currently expected to launch its IPO next week, will be well received given that it will be one of the few pure virtualization plays.
VMware cruised past Wall Street estimates with a first quarter that illustrated strong growth prospects for virtualization.
Cisco Systems said Friday it will invest $150 million in VMware, joining Intel as a strategic investor.After the investment Cisco will own 1.