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VMware Reaches $298 Million and 89% Sales Growth in Second Quarter

EMC just posted its second quarter results for this year.  The interesting story, for VMBlog.com readers, is what happened with VMware?

EMC’s Information Storage business, which includes revenue from storage systems, information management, information protection and resource management software, and related customer and professional services, reached $2.5 billion, an increase of 12% compared with the year-ago quarter.  The second-quarter momentum was led by double-digit year-over-year revenue growth in EMC CLARiiON networked storage systems and solid customer demand for EMC’s backup to disk offerings.  EMC also announced deeper technology integration across its product portfolio, including EMC Avamar data protection software optimized with VMware and EMC Celerra, and EMC RecoverPoint replication technology with EMC Replication Manager software.  

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VMware, an EMC subsidiary, grew sales 89% year-over-year to $298 million during the second quarter as it continued to unlock the value of virtualization for existing and new customers around the world.  During the quarter, the virtualization leader broadened its product portfolio with new releases of its award-winning virtual desktop software and continued to expand its network of technology and distribution partners.  VMware recently announced that Intel Corporation, through its global investment arm, Intel Capital, has agreed to become an investor.  The partial initial public offering (IPO) of VMware is expected to be completed this summer.

Read EMC's results, here.

Thanks to Richard Cardona for sending the news!

Published Tuesday, July 24, 2007 1:56 PM by David Marshall
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