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) remains a driving force in cloud infrastructure and digital workspace solutions, serving over 500,000 global customers. This dedicated news hub provides investors and technology professionals with essential updates about the company's strategic direction, product ecosystem, and market position.
Access official press releases alongside curated analysis of VMware's virtualization advancements, partnership announcements, and financial developments. Our repository tracks critical updates including earnings reports, software innovations like vSAN and Workspace ONE, sustainability initiatives through the VMware 2030 Agenda, and strategic moves such as the Broadcom acquisition process.
Bookmark this page for streamlined monitoring of VMware's evolving role in enterprise IT infrastructure. Verify time-sensitive decisions with primary source materials while staying informed about industry-shaping developments in network virtualization and hybrid cloud solutions.
At the Mobile World Congress 2022,
At Mobile World Congress 2022, VMware announced innovations aimed at helping service providers modernize networks and monetize new services, focusing on areas like modern apps and edge computing. VMware's Telco Cloud Platform is key for transitioning to virtualized networks, with collaboration from companies like Millicom and Safaricom for network unification and greenfield builds. VMware and Dell introduced a validated design for scalable 5G cores, while ongoing partnerships are targeting RAN modernization and programmability. Also highlighted are services enabling enterprise customers to leverage 5G.
Safaricom Telecommunication Ethiopia, part of the Global Partnership for Ethiopia, received the second Unified Telecommunication Service License in July 2021. They are launching a telecom network to enhance Ethiopia's digital transformation. Safaricom has partnered with VMware to implement the Telco Cloud Platform, which will help deploy network functions across 5G and other networks efficiently. VMware's solution allows Safaricom to build a modern network without legacy issues, aiming to unlock Ethiopia's economic potential.
VMware reported FY22 total revenue of $12.85 billion, a 9% year-over-year growth. For Q4, revenue was $3.53 billion, up 7% from Q4 FY21. Subscription and SaaS revenue reached $3.20 billion for the year, increasing 24% year-over-year. GAAP net income for Q4 was $586 million, a 26% decline per diluted share. Non-GAAP net income was $855 million, down 9%. Operating cash flow totaled $1.14 billion, with free cash flow at $1.01 billion.
VMware completed its spin-off from Dell, enhancing its operational flexibility and strategic focus.
VMware announced that CEO Raghu Raghuram will present at the Morgan Stanley Technology, Media & Telecom Conference on March 7, 2022, at 10:55 a.m. PT. This event will allow investors to gain insights into VMware's strategies and innovations in enterprise software.
The live webcast can be accessed on VMware’s Investor Relations page, with a replay available for two months. VMware specializes in multi-cloud services, supporting digital innovation while maintaining enterprise control.
VMware, Inc. (NYSE: VMW) will announce its fourth quarter and fiscal year 2022 financial results on
VMware enables digital innovation with multi-cloud services, facilitating enterprise control for its clients.
VMware has released a report indicating that cybercriminals are increasingly targeting Linux-based multi-cloud environments with malware. Key findings reveal that ransomware is evolving to target Linux workloads, while 89% of cryptojacking attacks employ XMRig-related libraries. Additionally, over half of Cobalt Strike users may be using the tool illicitly. The report emphasizes the urgent need for organizations to enhance threat detection and adopt a Zero Trust approach to safeguard their infrastructures against these growing threats.
VMware has announced key appointments to strengthen its Go-To-Market Leadership team. Laura Heisman has been appointed as Chief Marketing Officer, while Sylvain Cazard takes on the role of General Manager for Asia Pacific and Japan. Heisman brings over 25 years of experience, previously at GitHub and Citrix, while Cazard, who has 12 years with VMware, aims to enhance sales strategy in APJ. Additional appointments include John Sabino as Chief Customer Experience Officer and Zia Yusuf as SVP of Strategic Ecosystems, aimed at boosting multi-cloud adoption.
VMware (NYSE: VMW) announced receipt of an unsolicited mini-tender offer from TRC Capital Corporation to acquire up to 1 million shares of VMware's Class A common stock at $118.50 per share, which is 4.23% lower than the last closing price of $123.74 on January 21, 2022. VMware disclaims any affiliation with TRC and strongly advises stockholders against tendering their shares as the offer price is below market value. The offer is subject to various conditions, including stock price stability and adequate financing by TRC.
VMware has partnered with BT to provide multinational clients with a managed service for VMware Secure Access Service Edge (SASE). This offering combines BT's networking capabilities and VMware's technology to enhance cloud-first networking, security, and edge computing. The service aims to simplify digital transformation, ensuring secure access to cloud applications. Key features include integrated cloud security, SD-WAN performance, and end-to-end support for multi-cloud environments. This collaboration promises to bolster BT's service delivery while supporting modern workstyles like hybrid working.
