The long-rumored data center partnership between Cisco, EMC and VMware is at last a reality. The three companies have formed a new joint venture called Acadia. Its purpose: To sell and support V-Block, an integrated data center product that combines Cisco’s Unified Computing System, EMC’s storage equipment, and VMware’s virtualization technology.
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Shares of VMware are on the rise this morning, spiking seven percent thanks to some decent earnings. On Thursday, the virtualization software firm reported a second-quarter profit of 20 cents a share, topping the 19 cents projected by analysts.
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The rumors are true. Mark Lucovsky, the engineer whose departure from Microsoft allegedly sent CEO Steve Ballmer into a paroxysm of profanity and chair-tossing, has left Google for a new position at VMware, the company has confirmed.
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VMware (VMW), whose share price set records last year by spiking more than 300 percent in the months following its IPO, offered a bit of perspective on the exuberance with which that offering was met today, delivering a brace of ugly announcements.
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You wouldn’t know it from the company’s share price today, but VMware (NYSE: VMW), maker of virtualization software, reported a 150% increase in fourth-quarter profit and an 80% jump in sales to $412 million yesterday. Sadly, investors–presumably the same ones that slapped Apple around after its “best quarter ever”–took a pessimistic view of such growth [...]
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Cisco is calling it its biggest enterprise product launch in 15 years, and given the cloud of hyperbole in which it debuted today the Nexus 7000 data-center switch may be just that.
Like any network switch, the Nexus 7000 controls and directs the flow of data between connected computers. But unlike any network switch, it can [...]
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Its footing in the PC market slipping the way it has been–thanks to a deteriorating reputation for customer service and aggressive rivals–Dell is increasingly turning its attention to storage. In a big way. This morning the company announced plans to acquire storage virtualization outfit EqualLogic for $1.4 billion in cash. If approved by shareholders, the [...]
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Well, VMware’s definitely going to get a run for its money now. Not 24 hours after the virtualization leader’s spectacular public offering, Citrix Systems said it would purchase open-source server virtualization outfit XenSource for $500 million in cash and stock.
Five hundred million dollars. Quite a sum–especially when XenSource is burning through $15 million a [...]
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Looking over the trajectory of VMware’s IPO yesterday, you’d think we were still living in the go-go days of the late ’90s. Shares of the virtualization software-maker spiked nearly 76% in their first day of trading, defying the overall market slide and eclipsing Google’s historic 18% first-day gain in 2004. VMware’s shares ended the day [...]
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