Nutanix CEO smacks down VMware exec over claim it's a new Enron

Grazed from The Register.  Author: Simon Sharwood

The ongoing spat between VMware and Nutanix has flared again, with the latter company's CEO Dheeeraj Pandey hitting Twitter to smack down Lee Caswell, Virtzilla's veep for Products, Storage and Availability.

This round of the spat between the two appears to have started with a since-deleted Caswell Tweet pointing to this Marketwatch.com story titled “Nutanix is a ‘once-in-a-decade’ opportunity, says Goldman Sachs”.

The story reports that Goldman analyst Simona Jankowski likes Nutanix's new accounting rules as they “will move its software revenues, which are currently deferred, to its profit and loss statement” with a likely 12 to 13 per cent increase in revenue the result.

But those rules, The Reg understands, are the Financial Accounting Standards Board's ASC 606 standard on revenue recognition. VMware is adopting those rules itself!

Read more from the source @ https://www.theregister.co.uk/2017/07/19/nutanix_ceo_smacks_down_vmware_exec_over_enron_comparison/