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infotechlead

VMware revenues up 14 percent to $1.29 billion in third quarter

Virtualization and cloud infrastructure vendor VMware revenues rose 14 percent to $1.29 billion in the third quarter of 2013 from the third quarter of 2012.

VMware said its operating increased 51 percent to $287 million.

Net income increased 67 percent to $261 million.

VMware

“VMware continues to build momentum globally, because we are uniquely positioned to help our customers transform to the mobile-cloud era of computing,” said Pat Gelsinger, chief executive officer, VMware.  “Customers are making long-term commitments to VMware to help them liberate resources from their current environments and power their businesses into the future.”

VMware said it is seeing strong customer demand for new solutions such as the software-defined data center.

editor@infotechlead.com

Baburajan Kizhakedath
Baburajan Kizhakedath
Baburajan Kizhakedath is the editor of InfotechLead.com. He has three decades of experience in tech media.

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