VMware (VMW -4.5%) tanks on a report Paul Maritz, who has overseen the company's emergence as an...

|By:, SA News Editor

VMware (VMW -4.5%) tanks on a report Paul Maritz, who has overseen the company's emergence as an IT giant, will be replaced by EMC's (EMC -1.3%) Pat Gelsinger. Ahead of the scoop, GigaOm noted VMware has seen many execs depart. One theory: EMC is upset VMware has lost ground in virtualization to Microsoft (MSFT) and others as the company pays more attention to complementary software. But The Register's sources think the move is all about growing the other businesses. (cloud spinoff)