Thursday, March 14, 2013

VMware: Re-Acceleration Of Long-Term Revenue Growth Guidance Provides Comfort For Investors


Shares of VMware (VMW) saw a big jump in Wednesday's trading session. The provider of virtualization-based cloud infrastructure solutions issued some upbeat comments at its Strategic Forum for institutional investors. Shares of the company traded with gains of up to 10% during the trading session.
EMS & VMware Strategic Forum
Last December, EMC Corporation (EMC) and VMware launched the so-called "Pivotal" initiative, to benefit from the growing "big data" theme and demand for cloud-based solutions. Wednesday'spresentation gave some more information about the initiative.
Read the entire article on Seekingalpha by clicking the following link

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