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 Pat Gelsinger will keynote the Barclays Global TMT Conference on December 9, 2020, at 11:00 a.m. PT/2:00 p.m. ET. A live webcast of the event will be accessible on VMware's Investor Relations page, with a replay available for two months. VMware specializes in cloud, application modernization, networking, security, and digital workspace solutions, facilitating delivery across various platforms and devices. For more details, visit VMware's Investor Relations page.
VMware (NYSE: VMW) announced that CEO Pat Gelsinger will deliver a keynote at the UBS Global TMT Conference on December 7, 2020, at 10:00 a.m. PT/1:00 p.m. ET. A live webcast will be accessible on VMware's Investor Relations page, with a replay available for two months following the event. VMware's innovative software supports cloud, app modernization, networking, security, and digital workspace solutions, empowering clients to deploy applications across clouds and devices. For more information, visit VMware's website.
VMware (NYSE: VMW) announced that Sanjay Poonen, Chief Operating Officer, will present at the Raymond James Technology Investors Conference on December 8, 2020, at 12:20 p.m. PT / 3:20 p.m. ET. A live webcast will be accessible via VMware’s Investor Relations page, with a replay available for two months. VMware specializes in software that supports complex digital infrastructures, enabling cloud services, application modernization, networking, security, and digital workspaces.
VMware, Inc. (NYSE: VMW) reported third-quarter fiscal 2021 results, showing revenue of $2.86 billion, an 8% increase year-over-year. Subscription and SaaS revenue reached $676 million, up 44% from the prior year, now constituting 24% of total revenue. GAAP net income was $434 million ($1.02 per share), a rise from $407 million ($0.96 per share) in Q3 2020. VMware raised its full-year revenue guidance to $11.7 billion and GAAP net income per share to between $4.17 and $4.27. The company also announced strategic developments, including new partnerships and innovative offerings.
VMware, a leader in enterprise software, has announced that Raghu Raghuram, COO of products and cloud services, will present at the Wells Fargo Securities TMT Summit on December 1, 2020, at 11:40 a.m. PT/2:40 p.m. ET. A live webcast will be available on VMware's Investor Relations page, with a replay accessible for two months afterwards. VMware's innovative software enables complex digital infrastructures, supporting cloud, app modernization, networking, security, and digital workspace solutions, ensuring connectivity across various platforms.
VMware announced that Sanjay Poonen, COO of Customer Operations, will present at the Credit Suisse 24th Annual Technology Conference on December 1, 2020, at 12:20 p.m. PT / 3:20 p.m. ET. A live webcast of the presentation will be accessible on VMware's Investor Relations page, with a replay available for two months. VMware, based in Palo Alto, is dedicated to pioneering enterprise software solutions that enhance digital infrastructure and support diverse applications across various cloud platforms.
VMware has launched the Modern Network framework to help businesses adapt to changing environments. This framework enhances their Virtual Cloud Network solutions, aimed at improving application deployment, reducing latency, and ensuring security in a multi-cloud setting. Over 18,000 organizations have adopted this technology, enhancing efficiency. New offerings include VMware SD-WAN work-from-home subscriptions, allowing optimized connectivity for remote users. The integration of Tanzu Service Mesh with load balancer capabilities is also highlighted, expected to be available in Q1 FY22.
VMware, a key player in enterprise software, is set to announce its fiscal year 2021 third quarter financial results on November 24, 2020, after market close. The company will also host a live conference call at 1:30 p.m. PT to discuss these results and provide insight into its business outlook. Investors can access the live web broadcast on the VMware Investor Relations website, with the replay available for two months thereafter.
VMware is recognized for its innovative cloud, app modernization, networking, security, and digital workspace solutions.
Palo Alto-based SaltStack, now part of VMware, announced its global user conference, SaltConf20, occurring virtually on October 29, 2020. The event aims to connect IT and security professionals to discuss the latest innovations in ITOps, NetOps, and SecOps. Attendees can engage in a variety of sessions, including keynotes and networking opportunities focused on automation and infrastructure security. The conference highlights VMware's commitment to advancements in software configuration management following its acquisition of SaltStack on October 13, 2020.
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