Who Will Buy VMware?

Who bought VMware?

Dell EMCOn January 9, 2004, under the terms of the definitive agreement announced on December 15, 2003, EMC (now Dell EMC) acquired the company with $625 million in cash.

On August 14, 2007, EMC sold 15% of VMware to the public via an initial public offering..

How much of VMware is owned by Dell?

81%Dell, which owns 81% of VMware, plans to explore a variety of strategic options, including a tax-free spinoff of those shares to Dell shareholders in late 2021, according to people familiar with the matter.

Will VMware stock go up?

VMware, Inc. quote is equal to 144.440 USD at 2020-09-01. Based on our forecasts, a long-term increase is expected, the “VMW” stock price prognosis for 2025-08-27 is 198.525 USD. … Your current $100 investment may be up to $137.44 in 2025.

How many employees does Dell EMC have?

Dell TechnologiesHeadquarters in Round Rock, TexasTotal equityUS$3.155 billion (2019)Number of employees165,000 (2020)DivisionsDell Client Solutions Group Dell EMC Infrastructure Solutions GroupSubsidiariesSecureWorks VMware (80%)17 more rows

Why was VMware pivotal bought?

The Pivotal acquisition serves VMware’s purpose to deliver “consumable, enterprise-ready cloud native offerings to customers to help them achieve better business outcomes,” said Ray O’Farrell, head of the new VMware Modern Application Platform business unit.

Is Pivotal owned by VMware?

Pivotal Software is now officially a subsidiary of VMware following a $2.7 billion acquisition that closed Dec. 30, 2019.

Who owns Dell?

Dell TechnologiesDell/Parent organizations

What does VMware stand for?

Virtual machine softwareVirtual machine software from VMware, Inc., Palo Alto, CA (www.vmware.com) that allows multiple copies of the same operating system or several different operating systems to run in the same x86-based machine. For years, VMware has been the leader in virtualization software (see virtual machine).

Why VMware stock is down?

VMware shares fell in after-hours trading after the technology company posted earnings below the Wall Street estimate. Late Thursday, VMware (ticker: VMW) reported adjusted earnings per share of $2.05 for its fiscal fourth quarter versus the Wall Street consensus estimate of $2.17, according to FactSet.

How does VMware make money?

VMware makes money from the sale of software and services for data center management, hybrid cloud computing, remote access and desktop virtualization. Software License: Segment revenue is derived from the sale of licenses and subscriptions for the company’s products.

How many employees does EMC have?

2,400 employeesToday, EMC employs more than 2,400 employees in 19 locations across the country.

How many customers does VMware have?

600,000 customersVMware today has over 600,000 customers and millions of clusters, in addition to third-party integrations that allow customers to access and manage instances from alternative cloud providers.

Does Dell sell VMware?

But Dell is not selling VMware,” Vellante said. … Digging into the specifics of Dell’s plan, Vellante said that what the company is actually doing is saying to its shareholders that it will allow them to directly own the 81% of VMware shares that Dell currently owns.

Is VMware a good buy?

VMware – Underappreciated Growth Story With Reasonable Valuation Makes It A Buy. Despite executing well, VMware has underperformed Nasdaq and S&P 500 during the past 12 months and remains less expensive than the overall software infrastructure peer group.

Who bought EMC Corp?

Dell Inc.On October 12, 2015, Dell Inc. announced its intent to acquire EMC in a cash-and-stock deal valued at $67 billion, which has been considered the largest-ever acquisition in the technology sector.

Who owns VMware now?

Dell TechnologiesVMware/Parent organizations

Did VMware buy carbon black?

VMware today announced that it is acquiring Carbon Black, a publicly traded security company that focuses on securing modern cloud-native workloads. The price of the acquisition is about $2.1 billion.