VMware, Inc. (VMW) - NYSE
  • Apr. 4, 2013, 4:38 PM

    F5 (FFIV) resumes trading and is currently at $75.85, down 16.1% AH in response to its FQ2 warning, which (in the wake of Oracle's results) is bound to heighten concerns about U.S./European enterprise IT demand. Rivals and peers are off in sympathy: CSCO -2.3%. RVBD -3.7% CTXS -3.7%. JNPR -5.1%. VMW -2.2%. EMC -0.9%. RHT -1.7%.

    | Apr. 4, 2013, 4:38 PM
  • Mar. 28, 2013, 1:06 PM
    PayPal isn't abandoning VMware (VMW), both VMware and PayPal insist. Well, at least not entirely. Though PayPal confirms it's adopting the OpenStack cloud infrastructure platform (a rival to VMware's vCloud), the online payments giant says it will continue to use VMware's virtualization software. BI reported on Monday PayPal and eBay plan to remove VMware's software from 80K servers, starting with 10K PayPal servers.
    | Mar. 28, 2013, 1:06 PM
  • Mar. 27, 2013, 4:26 PM

    Much like they did last week following Oracle's FQ3 miss, some enterprise IT names are selling off AH following Red Hat's FQ4 revenue miss, which was accompanied by slowing deferred revenue growth. CTXS -2%. VMW -1.9%. FFIV -1.1%. RVBD -2.1%.

    | Mar. 27, 2013, 4:26 PM
  • Mar. 27, 2013, 10:20 AM

    VMware (VMW +1.2%) rises on a down day after ISI upgrades shares to Strong Buy from Buy. Shares have gradually given back most of the big gains they saw earlier this month due to the strong growth outlook provided on the company's investor day.

    | Mar. 27, 2013, 10:20 AM
  • Mar. 26, 2013, 2:29 PM

    Following the lead of VMware's (VMW) Nicira unit, startup Big Switch Networks is rolling out a software-defined networking (SDN) platform it argues will cut dependence on proprietary switches from the likes of Cisco (CSCO) and Juniper (JNPR). Big Switch's platform, called Switch Light, can be used either with commodity switches running on BRCM chips, or "virtual" switches running Linux (BRCD has ambitions here). Unlike Nicira, which only partly leverages the OpenFlow SDN standard, Big Switch is fully throwing its weight behind OpenFlow, and is offering an open-source version of Switch Light to drive its adoption. (FBR)

    | Mar. 26, 2013, 2:29 PM | 3 Comments
  • Mar. 25, 2013, 11:23 AM

    eBay (EBAY) is reportedly providing a big vote of confidence for the OpenStack cloud infrastructure platform: an OpenStack Foundation board member tells BI PayPal and eBay plan to remove VMware's (VMW -2%) software from 80K servers in favor of OpenStack-based solutions. The fact OpenStack can lower license fees thanks to its use of open-source software could be a motivating factor. VMware has been aggressively promoting its vCloud Suite as an alternative to OpenStack, Amazon Web Services, and Microsoft's Azure.

    | Mar. 25, 2013, 11:23 AM | 2 Comments
  • Mar. 20, 2013, 4:44 PM

    Some enterprise IT names slump in response to Oracle's FQ3 miss, which included a surprising 2% Y/Y drop in new software license/cloud subscription revenue, and a 23% Y/Y drop in hardware product sales. InfiniBand hardware supplier Mellanox (MLNX) is the worst-hit, -7% AH. IBM -1%. HPQ -1%. EMC -1.2%. RHT -1.9%. VMW -1%. TIBX -1.2%. TDC -1%. Archrival SAP is unchanged for now.

    | Mar. 20, 2013, 4:44 PM
  • Mar. 20, 2013, 12:34 PM

    FBN launches coverage on a slew of enterprise/cloud software and Web hosting/CDN service plays. Akamai (AKAM +1.9%), Equinix (EQIX +0.6%), VMware (VMW +1.3%), Citrix (CTXS +1.3%), Salesforce (CRM +0.7%), and NetSuite (N +1.7%) have been started at Outperform, while Rackspace (RAX +2.6%), Workday (WDAY), and Concur (CNQR -1.3%) have been started at Sector Perform.

    | Mar. 20, 2013, 12:34 PM
  • Mar. 14, 2013, 5:42 PM
    IBM and EMC are among the companies in the running to buy Web hosting/cloud infrastructure provider SoftLayer Technologies in a deal that could sport a $2B+ price tag, Reuters reports. SoftLayer, locked in fierce competition with Rackspace (RAX) and Amazon, differentiates itself in part by offering hybrid solutions that feature both dedicated and virtual servers. The report comes as IBM targets $7B in 2015 cloud revenue, and EMC subsidiary VMware (VMW) launches a new cloud infrastructure service.
    | Mar. 14, 2013, 5:42 PM
  • Mar. 14, 2013, 1:32 PM
    "I’m happy in my role at VMware (VMW) and hope to be doing it for many years to come," says CEO Pat Gelsinger, shooting down a Quartz report that mentioned he's a candidate to succeed Paul Otellini as Intel's (INTC) CEO. Some think the two people named EVPs when Otellini announced plans to retire - COO Brian Krzanich and CFO Stacy Smith - still have the inside track.
    | Mar. 14, 2013, 1:32 PM | 8 Comments
  • Mar. 14, 2013, 12:26 PM
    An upgrade to Outerpform from RBC helps VMware (VMW +3%) add to the big gains it saw yesterday thanks to its strong growth outlook and the Pivotal announcement. "A path to accelerating revenues and margin expansion was outlined [at EMC/VMware's investor day], something we had wanted to see before becoming more aggressive on the stock.," writes analyst Matthew Hedberg. Parent EMC (EMC +2%) is also trekking higher.
    | Mar. 14, 2013, 12:26 PM
  • Mar. 13, 2013, 11:58 AM

    More on VMware: An aggressive long-term growth forecast is helping shares rally. VMware (VMW +8.4%), currently expected by the Street to post 15% revenue growth this year and next, is forecasting 15%-20% annual growth from 2014-2016, as its efforts to expand its cloud/data center management and software-defined networking offerings bear fruit. VMware has slightly lowered its 2013 revenue guidance to account for the divesting of assets going into the Pivotal Initiative.

    | Mar. 13, 2013, 11:58 AM
  • Mar. 13, 2013, 10:05 AM

    In addition to the Pivotal announcement, VMware is: 1) Outlining plans to integrate the networking virtualization software found in its giant vCloud Suite with Nicira's software-defined networking platform. An integrated product called NSX will launch in 2H. EMC partner Cisco (CSCO) can't be thrilled. 2) Confirming the launch (previous) of a cloud infrastructure service that allows clients to gradually move private workloads to a VMware-run public cloud, while jointly managing the two. Called vCloud Hybrid Service, the business will be run by former Savvis president Bill Fathers.

    | Mar. 13, 2013, 10:05 AM
  • Mar. 13, 2013, 9:47 AM

    EMC (EMC +1.1%) and VMware's (VMW +5.6%) Pivotal Initiative will be taken public, EMC CEO Joe Tucci discloses during the companies' investor day (webcast). EMC will own 69% of the spinoff, and VMware 31%. Pivotal is headlined by EMC's Greenplum analytics database/hardware unit, but also features a slew of other product lines aimed at companies working on big data projects or developing Web/cloud apps. Given the hype surrounding Pivotal's addressable markets, the post-IPO valuation could be huge.

    | Mar. 13, 2013, 9:47 AM | 7 Comments
  • Mar. 11, 2013, 10:32 AM

    EMC (EMC +0.9%) and VMware (VMW +0.7%) trade higher after Longbow starts coverage on EMC with a Buy and $30 PT. Longbow's launch offsets a critical report from Bernstein: the firm notes EMC shares have a historical correlation with VMware's, and thinks VMware's challenges could affect EMC's performance.

    | Mar. 11, 2013, 10:32 AM | 2 Comments
  • Mar. 8, 2013, 4:03 PM

    VMware (VMW) sees more executive shuffling: CMO Rick Jackson is stepping down from his current position as soon as a replacement is found, and (for the time being, anyway) will assume the vaguely-defined position of SVP of Global Enablement. CTO Steve Herrod departed in January to join a VC firm, and CFO Mark Peek left last April for Workday. It might not be a coincidence VMware is making a CMO change 6 weeks after shares were clobbered due to soft Q1/2013 guidance. (CEO change)

    | Mar. 8, 2013, 4:03 PM
Company Description
VMware, Inc. provides virtualization infrastructure solutions utilized by organizations to help transform the way they build, deliver and consume information technology resources. Its virtualization infrastructure solutions, which include a suite of products designed to deliver a... More
Sector: Technology
Industry: Technical & System Software
Country: United States