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Monday, Jul 16
2012, 5:14 PM
VMware (VMW) +1.1% AH after GigaOm reports the company is thinking of spinning off its Cloud...
VMware (VMW) +1.1% AH after GigaOm reports the company is thinking of spinning off its Cloud Foundry app development platform and combining it with parent EMC's Greenplum analytics/database software unit. Also included will be be Project Rubicon, an entry in the crowded cloud infrastructure market. Aside from capitalizing on Wall Street's love of clouds and big data, VMware/EMC may want to soothe customer fears about being tied to the companies' virtualization and storage solutions.