After weeks of a rumored change, EMC and VMware have announced this morning the “Pivotal Initiative,” a cloud and big data play that will be led by Chief Strategy Officer Paul Maritz.
VMware’s Cloud Foundry, SpringSource and Gemstone will join EMC’s Greenplum and Pivotal Labs groups to form one “virtual organization,” with 1,400 employees. Cetas, VMware’s big da
VMware CEO Paul Maritz apparently will no longer lead the virtualization company. Maritz’s potential destination: Perhaps the CEO slot at Cloud Foundry, which VMware (NYSE: VMW) may spin off as its own platform as a service (PaaS) cloud company.
A longstanding VMware (NYSE: VMW) spinoff rumor has surfaced again, with fresh reports that the virtualization kingpin will spring Cloud Foundry, GemStone, SpringSource and perhaps other non-core businesses into a new venture owned by EMC (NYSE: EMC), which already owns 80 percent of VMware.
VMware (NYSE: VMW) confirmed recurring rumors that it will spin off a new cloud venture tying EMC’s (NYSE: EMC) Greenplum and Pivotal Labs units with the virtualization vendor’s SpringSource, GemFire, Cloud Foundry and Cetas businesses into a new “virtual organization” called the Pivotal Initiative, headed by Paul Maritz, EMC chief strategy officer.
New VMware CEO Pat Gelsinger is formerly president and COO, EMC Information Infrastructure Products. Gelsinger replaces former VMware CEO Paul Maritz. But what is Gelsinger’s background — especially as it relates to VMware’s partner program, led by new VP of Channel Sales Frank Rauch.
VMware stock (NYSE: VMW) is down 3 percent today as Wall Street worries about an apparent CEO change, growing competition from Microsoft Hyper-V, and uncertainty surrounding VMware’s cloud computing business. Time for VMware channel partners to panic? Absolutely not.
As suspected, EMC executive Pat Gelsinger will replace VMware CEO Paul Maritz, effective Sept. 1. Maritz will shift to EMC chief strategist.
In the VMware vSphere and Microsoft Hyper-V virtualization war, VMware (NYSE: VMW) CEO Paul Maritz says his company is changing the rules of the game. While Microsoft (NASDAQ: MSFT) focuses on server virtualization that’s “good enough,” VMware is focusing on complete datacenter virtualization, Maritz asserted during VMworld yesterday.
When VMware (NYSE: VMW) announces Q2 financial results on July 23, it’s a prime opportunity for the virtualization company to discuss its forthcoming CEO shift, and key priorities (virtualization, cloud computing,etc.) as VMworld 2012 approaches in August. The big question: Is VMware still in hyper-growth mode or is Microsoft Hyper-V starting to gain ground in the virtualization market?
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