Run as a semi-autonomous entity within EMC, VMware boasts a team of some 800 engineers, has its own sales force and is on an annualized run rate of $630 million, says the company. And because the technology is sought by a wide variety of large businesses, it opens doors for EMC that might otherwise stay shut.
Friday, August 11, 2006
EMC Becomes 'Virtual' Target
Although virtualization is not the core of EMC's business -- storage is -- it's a lucrative sideline. VMware, which the company acquired in late 2003, contributed $157 million in revenue in the second quarter, a growth rate of 73% year over year.
Run as a semi-autonomous entity within EMC, VMware boasts a team of some 800 engineers, has its own sales force and is on an annualized run rate of $630 million, says the company. And because the technology is sought by a wide variety of large businesses, it opens doors for EMC that might otherwise stay shut.
Run as a semi-autonomous entity within EMC, VMware boasts a team of some 800 engineers, has its own sales force and is on an annualized run rate of $630 million, says the company. And because the technology is sought by a wide variety of large businesses, it opens doors for EMC that might otherwise stay shut.
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