VMware Inc. Overview 

VMware Inc.

Introduction

Recognized as the first commercialized firm to successfully digitalize the x86 architecture, VMware, Inc is a North American multinational corporation that deals with cloud and virtual computing. In totality, the company strives to provide and assist all users–including users from private and public corporations across all economic sectors–to help automate their workflow and avail them with an easy-to-access database where data and all other important and crucial information can be stored with the maximum guarantee of high-end encryption and security. VMware, Inc builds software that is compatible to run via Microsoft Windows, macOS, as well as Linux. Additionally, the company also has an operating system that can be invoked on server hardware. Since its founding year, the company had been running independently, however, in May 2022 when Broad, Inc pronounced its intention to acquire the company in both cash and equity transactions while closing the deal with a rounding figure of $61 billion USD.   

Key Statistics & Facts  

Founding Year: VMware, Inc was founded in the year 1998, approximately 24 years ago.       

Industrial Ranking: VMware, Inc is ranked as one of the industry’s pioneering corporations in the world. Since its inception VMware, Inc has been frequently featured on the list of top-ranking agencies including Forbes, and Fortune magazine. Typically, VMware, Inc is ranked in the 38th position of Fortune Future 50 Companies 2020. Additionally, it also ranked in the 533rd position on Forbes Global 2000, indicating the company as one of the largest corporations with higher revenue across the world, as well as 2nd on Forbes Best Employer for Diversity 2022.        

Company Type: A Public Corporation Company (PLC)       

Market Reach: VMware, Incis a digital product, as a result, it is available to use by all interested users globally. According to a publication on the company’s official website, the company reaffirms that it strives to meet and reach every customer regardless of location across the globe. 

Industry Type: Information Technology, Cloud Computing, Computer Software, Digital 

Trading Type: VMware, Inc is traded on the New York Stock Exchange (NYSE) market under the ticker symbol, VMW. Its stock is a component of Russell 1000.   

Workforce Strength:  VMware, Inc has over 37, 500 employees in its workforce globally according to a Forbes report released in the year 2022.   

Historical Background 

VMware, Inc started building its historical records in the year it was founded, 1998 by one of the four techy individuals known as Diane Greene, Scott Devine, Eduard Bugnion, Mendel Rosenblum, and Ellen Wang while two among these people are graduates of the University of California, Berkeley. The passion to build a globally recognized computing corporation was a shared vision amongst these four individuals until one of them, Edouard Bugnion who was the former architecture and CTO head of the company defunct to establish his own enterprise known as, Nuova Systems which is as of now a subsidiary of CISCO. 

In the first year of the company, VMware, Inc was operated in stealth mode, concealing and hiding its operation from the public eyes as well as potential competitors. During this period, the company has a total number of 20 employees in its workforce. 

In the year 1999, in February, VMware, Inc was officially open to the public eye. The launching was done at the DEMO Conference with Chris Shipley being the convener of the conference. In the same year, VMware, Inc released its first product tagged with the name, VMware Workstation. 

In the year 2001, VMware, Inc stepped into the server marketplace operating under two different servers, hosting and hostless server platforms with VMware GSX Server representing the company’s hosting platform and VMware ESX Server representing the company’s hostless platform. 

Bewteen year 2003 and 2004, VMware, Inc released a series of products, including VMware Virtual Center, Virtual SMP technology 64-bit support as well as vMotion. 

On the 9th of January 2004, a company operating under the name, EMC which is now known as Dell EMC stepped in to buy VMware, Inc in a cash deal amounting to a total sum of $625 million USD. However, a couple of years later, 15% of the company’s stock was offered to the public by EMC through an IPO with the stock price valued at $29 USD per stock. 

In the year 2008, based on laxity in the VMware, Inc financial performance, the company’s CEO and co-founder, Diane Green was fired by the company’s board of directors. However, a couple of months following the CEO’s termination of appointment, her husband, Mendel Rosenblum who was also a co-founder of the company also resigned. In September, of the same year, VMware, Inc stepped into partnership with Cisco Systems. 

In the year 2011, April, VMware, Inc reinstate its ownership position and control of the Mozy backup service from EMC. In the same month, the company launched an open source platform tagged with the name, Cloud Foundry alongside a hosted version of the digital service. 

In the year 2013, VMware, Inc pronounced its decision to spin off one of its business division operating under the name, Pivotal Software as General Electric stepped in to make an investment in the newly spun-off company. All of the company’s products categorized under developer-oriented products were moved under the company. 

Similarly, in the same year 2013, VMware, Inc released its own laaS service and one of its hybrid services recognized as the vCloud Hybrid Service was changed to vCloud Air. And in September of the same year, the company announced the availability of the vCloud Hybrid Service to areas such as Santa Clara, Virginia, Dallas, Texas, et cetera. 

In the year 2016, August, the company launched the VMware Cloud Provider website where users can log in and access all cloud features and services the company has to offer. 

In the year 2017, VMware, Inc was ranked in the 3rd position on Glassdoor’s list of the highest-paying corporation in the United States. In the same year, the company sold off its vCloud Air service to a French-based cloud servicing firm operating under the name, OVH. 

In the year 2021, following Dell’s acquisition of the company, Dell reveals its intention to spin off the rest of its stake in the company to shareholders, however, Dell insist the two firms would continue their operations without any significant changes for the best part of 5 years. And on the 21st of November 2021, the spin-off was completed. 

In the year 2022, May, VMware, Inc reveals to the press that the company has entered into a partnership deal with a motor racing team tagged with the name, McLaren Racing, a subsidiary of Formula One. However, on the 26th of May, 2022, Broadcom reveals to the press its intention to purchase VMware, Inc while the deal is dated to be sealed during Broadcom’s 2023 fiscal year. 

Product & Service Listings 

VMware, Inc in its entirety offers an array of products alongside a few tailored services. The lines below would enlist them accordingly. 

VMware, Inc Products include: 

VMware Thin App 

VMware, View 

VMware Player 

VMware vSphere 

VMware Infrastructure 

VMware Fusion 

VMware ESXI 

…amongst others 

VMware, Inc Services include:  

Security infrastructure 

Networking 

Cloud and Computing 

App Modernization 

Server-as-a-Service (SaaS0 

Virtualization Software 

Financial Overview 

The below lines enumerate the company’s key financial snapshot as released by Forbes and Fortune magazines.  

Revenue: $12.9 Billion USD (Forbes 2022)   

Net Income (Profit): $1.8 Billion USD ( Forbes 2022)   

Total Assets: $28.7 Billion USD   (Forbes 2022)   

Total Equity: $-876 million USD  (2022)   

Operating Income: $2.39 Billion USD  (2022)   

Market Value: $ 62.095 Billion USD (Fortune, 2020).   

Partners 

There are several companies and agencies partnering with VMware Inc., and many of these companies are top-ranking companies that are leaders in their respective industries. The lines below enlist the list of these companies customers can have access to (especially customers who reside in the United States)

Hitachi Vantara LLC 

Intel Corporation 

Google LLC 

Advanced Micro Decvices, Inc. 

Hewlett Packard Enterprise 

HCL Technologies  

Cisco Systems 

Hitachi Data System Corporation 

Trace3 

RapidScale, Inc. 

Sidepath, Inc. 

Hewlett Packard Enterprise Company 

Synoptek, Inc 

Technologent 

Supermicro Computer, Inc 

Technology Integration Group 

Fujitsu America, Inc. 

Tech Mahindra Amerias 

Dimension Data Cloud 

…amongst others

Cloud Providers 

Cyberspace Limited Nigeria 

Layer Three Cloud 

Paratus Telecommunications 

ATLAS Cloud Services 

Almadar Aljadid 

Focus 

Next Step IT 

Kio Networks 

Walhalla 

NUNSYS S.L. 

Aspa Cloud SL 

Acens Technologies 

Dataposit Limited 

Mediacloud 

Lumen Technologies 

Telefonica 

Fujitsu S.A. 

Ibermatica S.A. 

beServices 

Solucions IT Xipset S.L. 

Conclusion 

In this piece, a lot of sections and areas important to the company, VMware Inc. Has been extensively reviewed, beginning from a concise and brief overview of the company’s overall operations, to its major and significant statistics, to its historical background, to its product and service listings, its financial overview, its cloud service provider, as well as its partners. Having said that, I hope this comprehensive snapshot of the company has been able to give you a broader and wider perspective of the company, and by extension, all the details explained in this piece help you rationalize your decision in any way possible.