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VMware (VMW -0.4%) temporarily spiked on a GigaOm report the company is set to spin off its...
VMware (VMW -0.4%) temporarily spiked on a GigaOm report the company is set to spin off its Cloud Foundry app development platform, as well as its GemStone and SpringSource units (both provide tools for Web/cloud developers) to a unit owned by parent EMC. The unit is unnamed, but a July report about a spinoff mentioned the Greenplum analytics/database software division. Sources claim the spinoff will be announced next week.
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