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Virtualization: Article

VMware's a Keeper: EMC CEO

‘We will get more traction and more opportunities doing it the way we’re doing it’
By Maureen O'Gara
Article Rating:
March 15, 2009 11:45 PM EDT
Reads:
 2,773

CEO Joe Tucci said for what must be the umpteenth time Tuesday that EMC has no intention of parting with its roughly 84% majority stake in virtualization leader VMware.

The occasion was EMC's first analyst day in a dog's age.

EMC has been under pretty constant market pressure since VMware IPO'd 20 months ago to divest its position on the theory that the two companies would be more valuable split up.

Tucci, however, thinks "We will get more traction and more opportunities doing it the way we're doing it," claiming VMware helps sell EMC hardware.

Published March 15, 2009 – Reads 2,773
Copyright © 2009 SYS-CON Media, Inc. — All Rights Reserved.
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About Maureen O'Gara

Maureen O'Gara the most read technology reporter for the past 20 years, is the Cloud Computing and Virtualization News Desk editor of SYS-CON Media. She is the publisher of famous "Billygrams" and the editor-in-chief of "Client/Server News" for more than a decade. One of the most respected technology reporters in the business, Maureen can be reached by email at maureen(at)sys-con.com or paperboy(at)g2news.com, and by phone at 516 759-7025.

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