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VMWare

VMware Inc.
Public
Traded as VMW
Industry Computer software
Founded October 26, 1998; 18 years ago (1998-10-26)
Palo Alto, California, U.S.
Founder Diane Greene
Mendel Rosenblum
Scott Devine
Ellen Wang
Edouard Bugnion
Headquarters Palo Alto, California, U.S.
Key people
Michael Dell (Chairman)
Pat Gelsinger (CEO)
Products vSphere, ESX, ESXi, Workstation, Fusion, Player, Server, VMware Service Manager, ThinApp, View, ACE, Lab Manager, Infrastructure, Converter, Site Recovery Manager, Stage Manager, vRealize Automation, vRealize Operations Management Suite, VMware NSX, vRealize Business
Revenue IncreaseUS$6.035 billion (2014)
DecreaseUS$1.027 billion (2014)
DecreaseUS$0.86 billion (2014)
Total assets DecreaseUS$15.216 billion (2014)
Total equity IncreaseUS$7.586 billion (2014)
Number of employees
18,000 (December 31, 2014)
Parent Dell Technologies
Website www.vmware.com

VMware, Inc. is a subsidiary of Dell Technologies, that provides cloud and virtualization software and services, and claims to be the first to successfully virtualize the x86 architecture commercially. Founded in 1998, VMware is based in Palo Alto, California. In 2004, it was acquired by and became a subsidiary of EMC Corporation, then on August 14, 2007, EMC sold 15% of the company in a IPO. The company trades under the symbol VMW.

VMware's desktop software runs on Microsoft Windows, Linux, and macOS, while its enterprise software hypervisors for servers, VMware ESX and VMware ESXi, are bare-metal hypervisors that run directly on server hardware without requiring an additional underlying operating system.

In anticipation of Dell's acquisition of parent company EMC, VMWare announced a restructuring in January 2016 to reduce about 800 positions, and some executives resigned. There were doubts about the company's future and its product lines, particularly for the desktop. In August 2016, announcing the release of new desktop products, the company said "we’re very much alive and well".

In 1998, VMware was founded by Diane Greene, Mendel Rosenblum, Scott Devine, Ellen Wang and Edouard Bugnion. Greene and Rosenblum, who are married, first met while at the University of California, Berkeley. Edouard Bugnion remained the chief architect and CTO of VMware until 2005, and went on to found Nuova Systems (now part of Cisco). For the first year, VMware operated in stealth mode, with roughly 20 employees by the end of 1998. The company was launched officially early in the second year, in February 1999, at the DEMO Conference organized by Chris Shipley. The first product, VMware Workstation, was delivered in May 1999, and the company entered the server market in 2001 with VMware GSX Server (hosted) and VMware ESX Server (hostless).


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