VMware, Inc. – Company Overview
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| Company | VMware, Inc. |
| Parent company | EMC Corporation |
| Headquarters | 3401 Hillview Avenue Palo Alto 94304, CA, USA |
| CEO | Patrick P. Gelsinger |
| CFO | Jonathan C. Chadwick |
| Industry | Software |
| Type | Public |
| Founder | Diane Greene, Mendel Rosenblum, Scott Devine, Edward Wang, and Edouard Bugnion. |
| Founded | 1998 |
| NYSE stock symbol | VMW |
| Revenue | $6,571 million USD (2015) |
| Operating income | $1,197 million USD (2015) |
| Net income | $997 million USD (2015) |
| Employees | 19,000 (2015) |
| Website | http://www.vmware.com |
| IR contact number | 650-427-2892 |
| IR email address | [email protected] |
VMware, Inc. is a software company based in Palo Alto, California, USA.
The company specializes in providing businesses with IT technologies – particularly cloud and virtualization software.
Diane Greene, Edouard Bugnion, Mendel Rosenblum, Scott Devine, and Edward Wang founded VMware in 1998.
Their first product was the VMware Workstation, which allowed people to set up virtual machines (VMs) on their system and use them simultaneously along with the actual machine – allowing computers to run different operating systems at the same time.
In 2004 VMware became a subsidiary of EMC Corporation. Three years later (in 2007) VMware went public, with EMC issuing 15% of the company’s shares on the New York Stock Exchange under the symbol VMW – at $29 USD per share.
VMware, Inc. – Products and Services
Data Center Virtualization and Cloud Infrastructure (products that virtualize and consolidate servers): vCloud Suite, vSphere, vSphere with Operations Management, vSphere Storage Appliance, vSphere Data Protection Advanced, NSX, Virtual SAN, vCenter Site Recovery Manager, Virsto.
Data Center and Cloud Management (products that manage virtualized and dynamic hybrid cloud environments): vCenter Operations Management Suite, vCenter Operations Manager, vCenter Configuration Manager, vCenter Hyperic, vCenter Log Insight, vCenter Server, vCloud Director, vCloud Automation Center, vCenter Orchestrator, IT Business Management Suite
Hybrid Cloud Service: vCloud Hybrid Service
Desktop Virtualization and Mobile Computing (turning siloed desktops, applications and data into mobile, centrally managed IT services): Horizon Suite, Horizon DaaS, Horizon View (formerly VMware View), Horizon Mirage, Horizon Workspace, Socialcast by VMware, ThinApp, vCenter Operations Manager for Horizon View.
Personal Desktop Solutions (solutions that enable clients to run Windows programs on a Mac at home or work): Fusion, Fusion Professional, Workstation, Player Plus.
Applications and Data Platform (products that leverage the ability to develop and deploy applications): Pivotal CF, Pivotal GemFire, Pivotal SQLFire, Pivotal RabbitMQ, Pivotal tc Server, Pivotal Web Server, vFabric Postgres, vFabric Suite, vFabric Elastic Memory for Java.
VMware, Inc. – Financial Results
| Key figures (in millions of USD) | 2015* | 2014* |
| Total revenues | $6,571 | $6,035 |
| Operating income | $1,197 | $1,093 |
| Income before income taxes | $1,213 | $1,048 |
| Net income | $997 | $886 |
| Total assets | $15,746 | $15,216 |
| Cash and cash equivalents at beginning of the period | $2,071 | $2,305 |
| Cash and cash equivalents at end of the period | $2,493 | $2,071 |
*Years Ended December 31, 2015 and 2014
Source: “VMware Inc. – 2015 Form 10-K”