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News Breaks
April 14, 2014
09:01 EDTVMW, VMWVMware upgraded to Outperform from Underperform at CLSA
CLSA upgraded VMware to Outperform on expectations the company is best positioned to capitalize on the software-defined data center segment. The firm raised its price target for shares to $115 from $99.
News For VMW;VMW From The Last 14 Days
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October 5, 2015
14:33 EDTVMWApple won't renew expiring VMware licensing deal, CRN reports
Apple (AAPL) has been using VMware (VMW) software to run parts of its corporate IT infrastructure, but the iPhone giant won't renew an expiring enterprise licensing agreement with VMware and will be stepping up its deployment of an open-source alternative, according to CRN, citing multiple sources with knowledge of the matter. One source said the VMware ELA extension would have cost around $20M, the report noted. VMware shares are still up fractionally in afternoon trading but have slipped from where they were trading before the CRN report was circulated. Reference Link
14:29 EDTVMWApple won't renew expiring VMware licensing deal, CRN reports
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October 2, 2015
09:36 EDTVMWVMware downgraded to Negative from Mixed at OTR Global
September 30, 2015
06:12 EDTVMWEMC's Goulden: Breaking off VMware 'wrong thing to do,' Re/code reports
EMC (EMC) president David Goulden said his firm will try to maintain its complex corporate structure amid pressure to spin off its stake in VMware (VMW), Re/code reports. "We believe strongly that breaking up is the wrong thing to do," Goulden said in an interview at Re/code's Code/Enterprise Series event. Reference Link
September 23, 2015
10:26 EDTVMWEMC standstill agreement with activist expired on Sept. 1, Re/code reports
The standstill agreement between EMC (EMC) and activist investor Elliott Management expired on September 1, Arik Hesseldahl of Re/code reports, citing people familiar with the terms. EMC may have asked Elliott for an informal extension of the agreement as its board weighs its options since Elliott has yet to resume its public campaign of pushing for a breakup, Hesseldahl adds. Reference Link
September 22, 2015
08:08 EDTVMWVMware expands relationship with SAP
VMware (VMW) announced the expansion of its relationship with SAP (SAP). SAP and VMware plan to integrate the ACE approach to enable secure, instant deployment and login of SuccessFactors and Concur mobile applications on iOS and Android devices. The ACE community also announced today 21 new members, growing more than seven-fold since its inception in March 2015.
08:08 EDTVMWVMware extends Samsung partnership to include AirWatch
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