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VMware Confirms Pivotal: Big Data, Cloud Application Platform Spin-off

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http://www.thevarguy.com – 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. In total, some 600 VMware employees and 800 EMC employees are involved. Terry Anderson, VMware global corporate communications vice president, described the plan in a blog post as VMware and EMC “committing key existing technolog (IT news)