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.
Virgin Media O2 UK has partnered with VMware to modernize its network and enhance its 5G rollout. Utilizing VMware's Telco Cloud Infrastructure, Virgin Media O2 aims to streamline the design and implementation of virtualized network functions. This partnership has significantly supported the deployment of its 5G network over the past 16 months. VMware's platform will allow for easier upgrades and the integration of multi-vendor solutions, ensuring a robust and agile network infrastructure essential for competitive market performance.
Google Cloud and VMware (NYSE: VMW) announced an expanded partnership on March 16, 2022, enhancing their offerings to accelerate app modernization and cloud transformation for enterprises. Customers can now leverage the VMware Cloud Universal program to utilize Google Cloud VMware Engine, enabling quicker cloud migrations without altering existing applications. Key benefits include an average of 38% TCO savings over three years, yearly savings exceeding $2M, and $115K labor savings through existing tools. This partnership aims to provide greater flexibility and efficiency for enterprise cloud strategies.
VMware (NYSE: VMW) has opened registration for the seventh annual Women Transforming Technology (WT2) Conference, scheduled for April 11-12, 2022. The event, now virtual, aims to advance women in tech through discussions on technology's positive impact and promoting mental health. Keynote speakers include Helen Greiner, Luvvie Ajayi Jones, and Connie Guglielmo. The conference features sessions focusing on career exploration, networking, and support for women's career aspirations. Registration is free and open to all interested participants.
VMware has simplified the purchase and deployment of VMware Cloud on AWS via AWS Marketplace, enhancing flexibility for customers. The service features options for deployment alongside VMware's tools like vRealize Cloud Management and Tanzu. Companies can leverage existing AWS agreements, facilitating quicker cloud migrations. Research indicates a potential increase in efficiency: 300% faster Kubernetes deployment and a 57% reduction in total cost of ownership (TCO). Key partnerships with DXC Technology support broad customer service outreach.
VMware has announced research grants supporting initiatives from TU Dresden and TU Berlin aimed at advancing 6G technologies. The collaboration, led by Professors Fitzek and Dressler, focuses on the Tactile Internet and intelligent communication networks to enhance human interaction with cyber-physical systems. The grants also align with VMware's 'Automating Life' vision, emphasizing sustainability, equity, and technological innovation. This initiative marks VMware's commitment to expanding its research portfolio and pioneering solutions for future digital landscapes.
VMware has launched enhanced container runtime security capabilities to fortify its security portfolio for cloud-native workloads. This new offering aims to address increasing concerns about Kubernetes security, as 97% of tech leaders expressed worries, with one-fifth identifying runtime security for containerized workloads as a top concern. Features include runtime cluster image scanning, an integrated alerts dashboard, and workload anomaly detection, designed to improve security visibility and compliance throughout the application lifecycle.
MetTel has announced a new offering to provide customers with a managed SASE solution powered by VMware. This partnership aims to enhance cloud-based security, networking, and edge compute services for modern applications. With VMware's extensive global presence of over 150 points of presence, customers will benefit from an integrated architecture that simplifies security management. The deployment of VMware's SASE solution promises improved performance, reliability, and operational benefits while ensuring a future-ready framework for organizations.
Millicom, operating as Tigo in Latin America, has unified its IT operations with VMware's Cloud to streamline services across various business units. This strategic partnership aims to enhance agility and efficiency, facilitating quicker service deployments. Tigo's modernization efforts will support its expansion into 5G and hybrid multi-cloud environments. VMware's expertise is set to play a crucial role as Tigo looks to monetize 5G technologies, transforming customer experiences throughout the region.
DISH Network is set to build a 5G network from the ground up, partnering with VMware to establish its Radio Access Network (RAN). The VMware Telco Cloud Platform will support DISH's RAN workloads alongside a trial of the RAN Intelligent Controller (RIC), enabling automation and security enhancements. DISH aims to provide customizable network services through innovations like network slicing and Open RAN technology. This collaboration is expected to drive significant advancements in the telecommunications sector.
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