Vmware

An American cloud computing and virtualization technology company with headquarters in Palo Alto, California.

Categories

Technology  

#215

Rank

$70.5B

MarketCap US

US United States

Country

Summary

VMware is a provider of multi-cloud services for all apps, enabling digital innovation with enterprise control.VMware is a software company providing cloud and virtualization services that help complex digital infrastructure. The company accelerates digital transformation by enabling unprecedented freedom and flexibility in how its customers build and evolve IT environments. 

Its software helps business users simply and securely access the apps and data theyneed, from anywhere, to do their best work. The company's software spans compute, cloud, networking and security, and digital workspace. VMware was founded in 1998 and is based in Palo Alto, California.


History

1998: The VMware story begins on February 10, 1998, in sunny Palo Alto, California. The solution worked out perfectly, and VMware acquired enormous popularity since its introduction in 1998. VMware started operating in stealth mode in 1998 with merely 20 employees. When the company began its journey in 1998, it consisted of only 20 employees. In 1998, VMware was founded by Diane Greene, Mendel Rosenblum, Scott Devine, Ellen Wang and Edouard Bugnion.

1999: First VMware product In 1999 VMware made a beta version of its VMware software and made it available on the Web for users to try, allowing them simultaneously to run the Linux, Windows 95, and Windows NT operating systems. By the end of 1999 the company introduced a commercial version of the software, VMware Workstation, priced at $299 for the corporate market and $99 for consumers. VMware Workstation was the first product launched by VMware, but the company entered the server market in 2001 with VMware GSX server and VMware ESX server. It was in 1999 when the company was officially launched.

2000: It quickly found a following, especially among the community of Linux users and software developers, who were now able to design and test different programs on one machine without having to juggle removable hard drives, each containing a different operating system. As a result, the company was cash neutral and had enough resources to open its first international office in 2000.

2002: VMware ESX Server 1.5 was first released in 2002. The company also received a great deal of publicity and validation in 2002 when Merrill Lynch & Co. acquired 27,000 licenses of Workstation for their traders' desktops, part of an effort to manage the risk in making the switch from Windows NT to the new Windows XP operating system. To help market its products, VMware in 2002 forged deals with IBM and Fujitsu Siemens, who became distribution partners and resellers.

2003: For the fiscal year ending January 31, 2003, VMware generated sales of around $31 million, all derived from licensing. Since joining VMware in 2003, Raghuram has helped steer the company’s strategic direction and its technology evolution throughout VMware’s rich history.

2004: In 2004, VMware organized its first conference, which was held in San Diego, California. The VMware purchase was undoubtedly the right decision for EMC, since the VMware technology in 2004 showed great potential for future growth. 2004 marks the first year of VMworld, which will come to be the world's largest cloud computing and virtualization conference. 64-bit support was introduced in 2004.

2005: In October 2005, VMware acquired Asset Optimization Group, specializing in capacity planning. Moreover, it turned the corner on profitability. It was a quick transaction, announced on December 15, 2005, and closed less than a month later on January 9. Business continued to flourish in 2005 with total revenues topping $387 million and net income soaring to $66.8 million. In 2005, VMware establishes its first offices in Bangalore, India, and Beijing, China.

2006: In 2006, VMware opened an office in Ireland with only five employees. Also in 2006 VMware Infrastructure 3, the company's latest infrastructure virtualization software suite was released, as was Lab Manager to speed up enterprise software development. Sales grew to $704 million in 2006 and net income approached $87 million in 2006.

2007: The offering, completed on August 14, 2007, raised about $1.1 billion. On August 14, 2007, EMC sold 15% of VMware to the public via an initial public offering. In a 2007 interview, the founder of VMware Mendel Rosenblum discussed the need for more innovative and practical methods for storing data:

2008: On September 10, 2008, Mendel Rosenblum, the company's co-founder, chief scientist, and the husband of Diane Greene, resigned. On September 16, 2008, VMware announced a collaboration with Cisco Systems. On November 26, 2008, VMware acquired Tungsten Graphics, a company with core expertise in 3D graphics driver development. 15% of the company is sold to the New York Stock Exchange IPO. In 2008, the company announced its partnership with Cisco in order to issue joint data center solutions.

2009: On August 10, 2009, VMware announced the acquisition of SpringSource, which did enterprise and web application development and management. The Dawn of the Virtual Desktop In 2009, VMware ushers virtualization into a new era: the age of desktop virtualization.

2010: On May 6, 2010, VMware acquired GemStone, to be operated under VMware’s SpringSource division.

2011: On April 12, 2011, VMware released an open source platform-as-a-service system called Cloud Foundry, as well as a hosted version of the service. In April 2011, EMC transferred control of the Mozy backup service to VMware. On April 26, 2011, VMware acquired SlideRocket a startup which developed a SaaS application for building business presentations that are stored online.

2012: On July 23, 2012, Nicira, Inc. was acquired . In August 2012, Pat Gelsinger was appointed as the new CEO of VMware, coming over from EMC. Paul Maritz went over to EMC as Head of Strategy before moving on to lead the Pivotal spin-off.

2013: In March 2013, VMware announced the corporate spin-off of Pivotal Software, with General Electric making an investment in the company. The SpringSource assets became part of the Pivotal joint venture in April 2013. On October 15, 2013, Desktone was acquired . NSX, released in 2013, allows you to create software-defined networks in virtual data centers.

2014: On January 22, 2014, VMware acquired AirWatch for US$1.54 billion.

2016: In January 2016, in anticipation of Dell's acquisition of EMC, VMware announced a restructuring to reduce about 800 positions, and some executives resigned. On April 24, 2016, maintenance release 12.1.1 was released. In April 2016, VMware president and COO Carl Eschenbach left VMware to join Sequoia Capital, and Martin Casado, VMware's general manager for its Networking and Security business, left to join Andreessen Horowitz. The lawsuit was dismissed by the court in July 2016 and Hellwig announced he would file an appeal. In August 2016 VMware introduced the VMware Cloud Provider website. Mozy was transferred to Dell in 2016 after the merger of Dell and EMC.

2017: In April 2017, according to Glassdoor, VMware was ranked 3rd on the list of highest paying companies in the United States. VMware introduces its VMware PKS in August of 2017. The first conference attracts 1,400 attendees—three times the expected attendance, but still a modest number compared to the more than 20,000 business people, entrepreneurs, and technologists who attended VMworld in 2017. In Q2 2017, VMware sold vCloud Air to French cloud service provider OVH.

2018: Happy 20th Anniversary! 2018 marks 20 years of software innovation, optimization and automation at VMware.

2020: VMware makes a commitment to achieve carbon neutrality and 100 percent renewable energy use for global operations by 2020.

2021: On January 13, 2021, VMware announced that CEO Pat Gelsinger would be leaving to step in at Intel. On May 12, 2021, VMware announced that Raghu Raghuram would take over as CEO. What Is vSAN? Understand the Generics and Specifics of vSAN, Parallels, 2021

2022: "VMware, Inc. ." International Directory of Company Histories. . Retrieved June 23, 2022 from Encyclopedia.com: https://www.encyclopedia.com/books/politics-and-business-magazines/vmware-inc


Mission

According to VMware, the company mission is: "to streamline the journey for organizations to become digital businesses that deliver better experiences to their customers and empower employees to do their best work. At VMware, the company believes that software has the power to unlock new opportunities for people and the planet".


Vision

Based on information company website, VMware's vision is: “to empower people and organizations by radically simplifying IT through virtualization software".


Key Team

Edouard Bugnion (Founder)

Mendel Rosenblum (Founder)

Edward Wang (Co-Founder)

Ellen Wang (Founder)

Amy Fliegelman Olli (EVP)

Jean-Pierre Brulard (Executive Vice President)

Michael Saul Dell (Board Member)

Paul L. Sagan (Board Member)

Sumit Dhawan (President)


Recognition and Awards
Fortune's World's Most Admired Companies: VMware has been recognized as one of Fortune's World's Most Admired Companies in the computer software industry for multiple years. CRN's 2020 Tech Innovator Awards: VMware won multiple CRN Tech Innovator Awards in 2020, including the Overall Enterprise Software and the Virtualization categories. Red Hat Ecosystem Technology Partner of the Year: VMware was named the Red Hat Ecosystem Technology Partner of the Year in 2020 in recognition of its collaboration with Red Hat and contributions to the open-source community. Glassdoor's Best Places to Work: VMware has been recognized as one of Glassdoor's Best Places to Work in the US and multiple countries around the world. Human Rights Campaign Corporate Equality Index: VMware has received a perfect score on the Human Rights Campaign Corporate Equality Index for multiple years, in recognition of its commitment to LGBTQ+ equality in the workplace. Dow Jones Sustainability Index: VMware has been included in the Dow Jones Sustainability Index North America for multiple years, in recognition of its sustainability initiatives and performance.

Products and Services

VMware vSphere: A virtualization platform that enables organizations to consolidate their IT infrastructure and reduce hardware costs by running multiple virtual machines on a single physical server.

VMware NSX: A software-defined networking solution that enables organizations to create virtual networks and micro-segmentation to improve network security.

VMware Workspace ONE: A digital workspace platform that provides a unified endpoint management solution for managing and securing mobile devices, desktops, and applications.

VMware Cloud Foundation: An integrated cloud infrastructure platform that provides a complete software-defined data center (SDDC) stack for running applications across hybrid cloud environments.

VMware Cloud on AWS: A jointly engineered cloud service that enables organizations to run VMware workloads on the AWS cloud.

VMware Tanzu: A portfolio of products and services for modernizing applications and building cloud-native applications using Kubernetes.

VMware Carbon Black: A cloud-native endpoint protection solution that provides advanced threat detection and response capabilities.

VMware SD-WAN: A software-defined wide area network solution that simplifies and optimizes branch office networking.


References
Vmware
Leadership team

Scott Devine (Co-Founder)

Diane Greene (Founder)

Industries

Technology

Products/ Services
VMware vSphere, VMware ESXi, VMware Fusion, VMware Player, VMware ThinApp, VMware View, VMware Infrastructure
Number of Employees
20,000 - 50,000
Headquarters
StanfordResearchParkPaloAlto,California,U.S.
Established
1998
Company Type
Public Limited Company
Company Registration
SEC CIK number: 0001124610
Net Income
1B - 20B
Revenue
Above - 1B
Traded as
VMW
Social Media

Related Companies

Related Companies

Sun Apr 21 2024
About

businessabc offers a global business, SMEs wiki directory blockchain, NFTs, AI powered marketplace for businesses worldwide.

Follow Us
Produced by
In collaboration with
Logo

Copyright 2023 © businessabc powered by ztudium