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.
VMware, a leader in enterprise software, announced that CEO Raghu Raghuram will present at the Credit Suisse Technology Conference on December 1, 2021, at 11:25 a.m. PT (2:25 p.m. ET). A live webcast will be accessible via VMware’s Investor Relations page, with a replay available for two months.
VMware is known for its multi-cloud services, enabling digital innovation while providing enterprise control. The company aims to drive a better future through its 2030 Agenda. More details can be found at ir.vmware.com.
VMware has announced the availability of VMware Carbon Black Cloud and VMware Tanzu in AWS Marketplace, enhancing cloud service offerings for AWS customers. This move aims to streamline procurement and accelerate the adoption of VMware Cross-Cloud services, supporting application modernization and digital innovation. The press release highlights benefits such as faster workload migration, improved security, and better resource management through CloudHealth. It positions VMware as a facilitator of enterprise control and innovation in AWS cloud environments.
VMware plans to announce its fiscal year 2022 third quarter financial results after market close on
Vodafone has selected VMware (NYSE: VMW) as its strategic technology partner to automate and orchestrate workloads across its core networks in Europe, starting with 5G standalone. The partnership extends their previous collaboration on the Telco Cloud Infrastructure, resulting in a 40% increase in productivity and cost savings of up to 55%. The rollout of VMware's Telco Cloud Platform aims to streamline various network functions, supporting Vodafone's Tech 2025 initiative. Initially, the platform will be deployed in eight markets, with plans for expansion across all European markets.
VMware's recent study indicates a growing trend in employee surveillance as 70% of companies are either implementing or planning to implement monitoring measures since adopting hybrid work models. While these measures include tracking emails, web activity, and video surveillance, 39% of companies report increased employee turnover. Conversely, 75% of employees feel valued based on performance rather than time in the office. The study highlights the need for balance between performance monitoring and employee trust, emphasizing that transparency is critical in a rapidly evolving work environment.
VMware successfully completed its spin-off from Dell Technologies, enhancing operational and financial flexibility. The spin-off includes a special cash dividend of
VMware (NYSE: VMW) announced a collaboration with eero, an Amazon company, to enhance work-from-home capabilities. This partnership will integrate eero 6 series mesh Wi-Fi systems with VMware's SASE Work from Home solution to improve remote connectivity and security. As a result, employees will benefit from reliable Wi-Fi across their homes and advanced security features. The initiative aims to deliver a seamless experience for remote workers across the U.S.
VMware (NYSE: VMW) has announced advancements in its Radio Access Network (RAN) portfolio, focusing on the introduction of the VMware RAN Intelligent Controller (RIC) aimed at facilitating the transition to Open RAN. VMware RIC will enable developers to create applications that enhance network performance and operational flexibility. The platform includes both Centralized and Distributed RICs, offering various functionalities for service providers. VMware's partnership with Aspire Technology aims to streamline RAN testing. Key features include superior performance, operational consistency, and cost reduction for service providers.
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