Tuesday, July 22, 2014

VMware Continues to Grow at 17% Annual Rate

VMware announced Q2 2014 revenue of $1.46 billion, an increase of 17% from Q2 2013.  Operating income for the second quarter was $200 million, a decrease of 26% from the second quarter of 2013, reflecting the impact of the company's AirWatch acquisition.


"We continue to see strong performance across our business, further evidence that VMware is uniquely positioned as IT transitions from client server computing to the mobile cloud era," said Pat Gelsinger, chief executive officer, VMware. "Across the board, customers are turning to VMware solutions to help chart an efficient path to the future without sacrificing the vital needs for security, availability and compliance required by all businesses."

http://www.vmware.com


  • Last week, VMware announced the expansion of its hybrid cloud service into Asia-Pacific with two new partnerships in Japan and China. In Japan, VMware announced a joint venture with SoftBank for the first vCloud Hybrid Service in Asia. In China, the company announced plans with China Telecom to build a hybrid cloud service in Beijing based on VMware.  


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