Company Profile For VMware, Inc.

VMware, Inc. (VMW.N) (New York Stock Exchange)

sector: Technology · industry: Software ·

As of 25 Nov 2009

42.59USD

Price Change

+0.48

Percent Change

+1.14%

Analyst Recommendations

Overview

VMware, Inc. is a provider of virtualization solutions from the desktop to the data center. The Company’s suite of virtualization solutions addresses a range of information technology (IT) problems that include cost and operational inefficiencies, business continuity, software lifecycle management and desktop management. It works closely with over 900 technology partners, including server, microprocessor, storage, networking and software vendors. In November 2008, VMware, Inc. bought Trango Virtual Processors, which specializes in virtualization software for mobile phones, which allows a single phone to run multiple operating systems. In September 2009, the Company announced the completion of its acquisition of SpringSource, an enterprise and web application development and management.

Quick Financial Synopsis

BRIEF: For the nine months ended 30 September 2009, VMware, Inc.'s revenues increased 4% to $1.42B. Net income decreased 21% to $140.7M. Revenues reflect an increase in income from the services. Net income was offset by a decrease in operating income, higher research & development expenses, a decrease in investment income, higher general and administrative expenses and increased sales & marketing expense.