Welcome to our dedicated page for VMware news (Ticker: VMW), a resource for investors and traders seeking the latest updates and insights on VMware stock.
VMware, Inc. (NYSE: VMW) is a global leader in cloud infrastructure, business mobility, and virtualization software. Headquartered in Palo Alto, California, VMware is celebrated for pioneering the use of virtualization and policy-driven automation technologies that simplify IT complexities across data centers and virtual workplaces. The company empowers its customers through solutions that span software-defined data centers, hybrid cloud computing, and mobile workspaces.
VMware boasts an impressive portfolio, including over 500,000 customers, 75,000 partners, and a workforce of more than 18,000 employees situated in 120+ locations worldwide. The company's product lineup features industry-leading solutions such as vSphere for server virtualization, NSX for network virtualization, and vSAN for software-defined storage. Additionally, VMware's Workspace ONE provides comprehensive digital workspace management, enhancing business mobility and security.
In recent corporate developments, VMware has made significant strides. For instance, the Broadcom acquisition is poised to bolster VMware's capabilities, having received all required regulatory approvals. This expansion aims to enhance global technology solutions, especially in critical markets like data centers, networking, and enterprise software.
VMware’s commitment to social responsibility is evident in its VMware 2030 Agenda, a program directed towards building a more sustainable, equitable, and secure future. One illustrative example is the company's Academic Software Licensing Program, which supports non-profit projects through the provision of essential virtualization software. A recent case involved Germany's Care-For-Rare Foundation, where VMware stepped in to provide necessary licenses for a server donation, enabling the use of AI tools for diagnosing rare diseases in children.
Financially, VMware has shown solid performance. As of 2014, the company reported revenues of $6.04 billion. VMware continues to innovate and expand its offerings, ensuring it remains at the forefront of the IT industry.
Atos and VMware (NYSE: VMW) have expanded their strategic partnership to enhance capabilities for developing Data Spaces, aimed at improving data exchange, collaboration, and monetization across industries. This collaboration will support Gaia-X principles for data sovereignty and interoperability. By leveraging VMware’s multi-cloud and app modernization tools alongside Atos' cybersecurity and cloud solutions, they aim to boost digital economies and facilitate industry-specific services across sectors like healthcare, finance, and utilities.
VMware has announced the election of Nicole Anasenes to its board of directors. Anasenes, a veteran in the technology industry, has held leadership roles at IBM, Squarespace, and Ansys, bringing significant financial and operational expertise. As the former CFO of Ansys, she aims to contribute to VMware’s vision of delivering multi-cloud solutions. VMware’s Lead Independent Director, Paul Sagan, expressed confidence in her ability to help steer the company's future direction in a pivotal time for the business.
VMware (NYSE: VMW) announced that the Defense Information Systems Agency (DISA) has added the Security Technical Implementation Guide (STIG) for VMware NSX to the Department of Defense (DoD) Cyber Exchange. This guide outlines security policies for deploying VMware NSX in DoD and federal agencies, enhancing their security measures. VMware aims to support agencies' efforts toward Zero Trust security, helping to modernize cloud networks and protect against evolving threats. This STIG adds to previous STIGs for VMware vSphere and vSAN.
VMware has expanded its Sovereign Cloud initiative to include 14 partners amidst growing concerns over data sovereignty and geopolitical tensions. The initiative aims to assist customers in regulated industries—like banking, healthcare, and government—in utilizing trusted national cloud providers. VMware also launched new cloud-native developer services, enhancing the offerings for its partners to drive cloud adoption while ensuring data remains within sovereign jurisdictions.
Alibaba Cloud and VMware announced the enhancement of the Alibaba Cloud VMware Service, aimed at accelerating cloud transformation for enterprises in China. This service allows seamless application modernization and workload migration between on-premises and cloud environments, promising improved performance, availability, and security. Key features include enterprise-grade compute capabilities, unified infrastructure management, and strong disaster recovery support. The service is designed to reduce operational costs and operational risks while facilitating digital innovation.
VMware has launched its Cross-Cloud services on the Microsoft Azure Marketplace, allowing customers to leverage the scalability and reliability of Azure for application modernization and secure workload migration. Key offerings include the Microsoft Azure VMware Solution, VMware Tanzu, and VMware Horizon Cloud Service. Major partners like Investors Bank and Grupo Financiero Ficohsa are utilizing these services for efficient digital transformation and enhanced customer satisfaction.
VMware, Inc. (NYSE: VMW) has announced VMware Explore, a global multi-cloud industry event evolving from its flagship conference, VMworld. Scheduled for August 29 - September 1, 2022 in San Francisco, followed by European and regional events, this conference aims to enhance networking and technical content for attendees. The event focuses on addressing multi-cloud challenges, showcasing customer success stories, and providing insights from industry leaders. Registration opens in May 2022.
Deloitte and VMware have announced the launch of the Deloitte VMware Distributed Cloud (DVDC) practice, aimed at enhancing clients' transformation through distributed cloud architectures.
This initiative focuses on automation, edge computing, IoT, and AI/ML capabilities.
Recognized with the 2022 Partner Achievement Award by VMware for the third year in a row, the DVDC practice aims to optimize product delivery and ensure effective software engineering across various industries, including retail, healthcare, and financial services.
VMware (NYSE:VMW) successfully completed the MITRE Engenuity ATT&CK Evaluation, showcasing its security solutions against cyber threats from groups like Wizard Spider and Sandworm. Results highlighted 100% attack prevention using existing configurations, underscoring effective endpoint and network visibility. VMware's solutions performed without requiring any tuning, reinforcing its ability to address modern security challenges from sophisticated multi-cloud environments. This recognition strengthens VMware's position in the cybersecurity market.
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