VMware Sees Continued Growth Opportunity in the Cloud
Grazed from Datamation. Author: Sean Michael Kerner.
Demand for virtualization and cloud technologies continues to grow, which in turn is fueling growth for VMware. VMware reported its first quarter fiscal 2014 earnings late Tuesday with revenue reported at $1.36 billion, for a 14 percent year-over-year gain. Net Income for the quarter was reported at $199 million or $0.46 per share.
"As we talk to customers, one thing is becoming clear, they not only see the value of the software-defined data center, they increasingly believe that this approach will become the model for leading data centers in the world," VMware CEO, Pat Gelsinger said during his company’s earnings call…


Several of the Supreme Court justices who heard arguments in the broadcast networks’ case against the online TV site Aereo criticized the company’s business model but worried about passing down a ruling that could affect other technology. Broadcasters contend that Aereo — a New York based company with less than a million subscribers — is stealing their signals.
The OpenStack Foundation officially debuted its Icehouse release on April 17 providing enterprises, service providers and end-users with new and enhanced cloud computing features. OpenStack is an open-source effort that got its start in July 2010 as a joint project supported by Rackspace and NASA.