Friday, October 11

Tag: VMware

Dell Says it will Explore IPO or Merger with VMware
BUSINESS

Dell Says it will Explore IPO or Merger with VMware

Computer maker Dell said on Friday it was considering a public offering of common stock or a combination with business software maker VMware, its publicly held subsidiary. Dell, the world's largest privately held technology company, is under pressure to boost profitability after its debt-laden acquisition of data storage provider EMC for $67 billion in 2016 failed to meet financial targets, hurt by intensifying price competition. Combining with VMware would provide access to VMWare's $11.6 billion in cash, helping Dell trim its $52.5 billion debt pile. Last month's U.S. tax reform made servicing that debt more expensive due to caps on deducting interest expense. The combination would also make Dell a publicly listed company, offering a path for private equity firm Silver Lake to b...
Google Forms Alliance With VMware And Pivotal In Cloud War With Amazon
Tech, USA

Google Forms Alliance With VMware And Pivotal In Cloud War With Amazon

In the cloud wars, Google has teamed up with VMware and Pivotal its $2.8 billion valued spin-off against Amazon. Together they have come up with a solution called Kubernetes, a software project that started out as a way for Google to manage its massive server infrastructure and has since become a go-to tool for modern software developers . (more…)
Google names VMware co-founder Diane Greene to lead cloud push
News

Google names VMware co-founder Diane Greene to lead cloud push

Reuters | 20 November 2015, 6:29 PM IST Google Inc, a unit of Alphabet Inc, said it appointed VMware Inc co-founder and industry veteran Diane Greene to run its cloud business, as CEO Sundar Pichai pushes ahead with efforts to gain share in the fast-growing market.   Pichai has made selling cloud storage space to enterprises a growing priority for the company to take on rivals Amazon.com Inc and Microsoft Corp. "Every business in the world is going to run on cloud eventually," Pichai said on a post-earnings call in October. Amazon's cloud business is now its fastest-growing business, while Microsoft is banking on cloud computing to make up for slowing sales of personal computers. Greene, a Google director for three years, will lead a new team combining the compan...