More on VMware/EMC: Paul Maritz, who went from being VMware's CEO to EMC's Chief Strategist in a...
More on VMware/EMC: Paul Maritz, who went from being VMware's CEO to EMC's Chief Strategist in a July shakeup, will reportedly "play a key role" in the spinoff. VMWare is hoping to re-focus on its core virtualization and management software ops, where license growth has slowed and intense competition is provided by Microsoft and Citrix, while giving the spinoff units the attention they need. The spinoff could yield a lucrative IPO down the line, given the Street's love of all things cloud and big data.
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