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Vmware Inc - VMW STOCK NEWS

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.

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VMware positioned as a Leader in Gartner Magic Quadrant for Desktop as a Service (DaaS)
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VMware positioned as a Leader in the IDC MarketScape for SD-WAN Infrastructure 2023 Vendor Assessment
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Germany's Care-For-Rare Foundation receives VMware license key from the University Hospital in Munich, enabling the use of AI in diagnosing and treating rare diseases in children.
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VMware adopts ethical principles for AI to drive fairness, accountability, sustainability, and responsibility.
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VMware's commitment to sustainability is intrinsic to its technology solutions for over 25 years. The company aims to decarbonize digital infrastructures and achieve net zero emissions. They have achieved 100% renewably sourced power and added more than 50 partners to their Zero Carbon Committed program. VMware is also working on microgrid projects and has released the VMware Green Score to help customers track their energy use and carbon footprints. Co-innovation is a key part of their sustainability commitment. VMware recognizes the energy-intensive nature of AI/ML and is developing a roadmap for sustainable innovation. Overall, VMware's focus on sustainability is a positive factor for its business.
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VMware reports Q2 revenue of $3.41 billion, up 2% YoY. Subscription and SaaS revenue increases 34% YoY to $1.26 billion, constituting 37% of total revenue. Subscription and SaaS ARR exits Q2 at $5.31 billion, up 36% YoY. GAAP net income increases 34% YoY to $477 million. Non-GAAP net income increases 11% YoY to $792 million. RPO totals $12.88 billion, up 6% YoY.
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VMware introduces new Private AI offerings to drive enterprise adoption of generative artificial intelligence and tap into the value of trusted data.
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Lenovo and VMware announce joint solutions for mid-size companies, including a generative AI solution with NVIDIA-accelerated computing. The partnership aims to simplify the deployment of next-generation AI and data intelligence.
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VMware and NVIDIA expand partnership to enable enterprises for generative AI
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VMware and Oracle strengthen partnership to make it easier for customers to fast-track application and cloud modernization. Customers can subscribe to Oracle Cloud VMware Solution as part of VMware Cloud Universal, simplifying procurement and accelerating adoption of eligible VMware Cloud services. VMware Cloud Universal is well-suited for customers with hybrid cloud architecture, extended or variable cloud migration timelines, or cloud bursting requirements. Customers can use credits to deploy workloads on Oracle Cloud VMware Solution, simplifying cloud-related expenses. VMware Cloud Acceleration Benefit allows customers to leverage the value of VMware Software Defined Data Center perpetual licenses as they migrate workloads to Oracle Cloud VMware Solution. Oracle Cloud VMware Solution offers scalability, performance, security, administrative control, and compliance. It provides flexible cloud infrastructure, zero-trust security, and a consistent low pricing across 45 global Oracle Cloud regions. The partnership drives greater business agility, resiliency, and cloud economics for customers.
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Vmware Inc

NYSE:VMW

VMW Rankings

VMW Stock Data

61.52B
234.13M
36.16%
49.65%
2.37%
Software - Infrastructure
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United States
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