VMware beats Q3 earnings targets as revenue climbs 11 percent
The virtualization giant reported Q3 revenue of $1.98 billion, or $1.34 per share.
The virtualization giant reported Q3 revenue of $1.98 billion, or $1.34 per share.
VMware also announced a collaboration with Dell EMC that integrates VMware's AirWatch and Horizon with Dell's Client Command and Wyse thin client.
VMware also rolled out a new approach to unified endpoint management aimed at simplifying support of Windows 10 devices.
Citrix made a bevy of product announcements during its annual Synergy powwow in Las Vegas.
Citrix says it plans to use the Virtual acquisition to accelerate its development of enterprise mobility products.
The company also announced partnerships with smart glasses vendors including APX Labs, Atheer, Intel, ODG, and VUZIX Corp.
VMware also announced plans to repurchase $1.2 billion of its Class A common stock in 2016, which helped boost its shares 3.7 percent in after-market trading.
The new features aim to improve infrastructure automation, bolster security and improve overall performance of hybrid and multi-cloud environments.
Wavefront ingests, stores, visualizes, and alerts on streaming metric data from clouds and applications.
VMware also reported an unexpected gain of $132 million from its investment in Pivotal Software.