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VCE: What Did $1B Run Rate Cost EMC, VMware, Cisco, Intel?

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http://www.thevarguy.com – VCE‘s annual bookings run rate is approaching $1 billion. But how much have investors EMC (NYSE: EMC), VMware (VMW), Cisco Systems (NASDAQ: CSCO) and Intel (INTC) together pumped into VCE, the Virtual Computing Environment company? The answer appears to be about $1 billion, according to some educated guesses from The VAR Guy. Here’s the math. First, the background. VCE last week named Praveen Akkiraju, a Cisco veteran, as its CEO. He joins President Frank Hauck, in the executive suite. VCE Chairman Michael Capellas last year dropped the CEO title with little explanation from the co (IT news)

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Submitted by lodage on 07/22/2012 – Made popular on 07/22/2012

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