VMware plans cloud spin out to keep up with Microsoft, Amazon and Google
VMware, a Palo Alto, Calif.-based virtualization and software company, is planning a corporate shakeup. GigaOM has learned that VMware hopes to spin out some of its cloud assets, including its Cloud Foundry platform-as-a-service division and parent company EMC’s Greenplum assets into a separate company, according to sources close to the deal. The new company will also include assets of Project Rubicon, an infrastructure-as-a-service joint venture between VMware and EMC.
The move would help VMware, which is majority owned by storage vendor EMC, offer a competitor to cloud computing services offered by Google, Microsoft and Amazon. All three of those players are building out the infrastructure and platform layers to become the IT departments for developers and enterprise customers.
The plans for VMware’s cloud asset spin-out are said to be at an advanced stage and some of the pieces are already in place, but the spin-out isn’t yet complete. VMware declined to comment on the spin-out plans.
The scoop.
Our sources say we might hear more about these developments on July 23 when VMware announces its second-quarter earnings, although there is a chance that VMware could wait until late August when it hosts its annual VMworld user conference in San Francisco. From what we have
We recommend you visit the following site for more complete information and related topics. Article source: http://gigaom.com/cloud/vmware-plans-cloud-spin-out-to-keep-up-with-microsoft-amazon-and-google/