Sanjay Poonen likes to move fast. Since joining VMware as general manager of the company’s end-user computing group in August, Poonen has overseen a flurry of developments. He helped roll out a new version of the company’s desktop virtualization software and helped the company jump into the mobile management service market with an intent to buy AirWatch, a mobile management service company, in January for $1.54 billion. Poonen joined VMware (VMW),
VMware (VMW) stock was down 9% in early trading in the stock market today, after the company’s Q1 earnings report late Tuesday included weakness in bookings. The No. 1 maker of virtualization software that lets servers run multiple operating systems edged profit views. But other factors, including organic bookings and new enterprise license agreements, came in below Wall Street expectations. VMware reported earnings per share minus items of 80
Citrix Systems (CTXS) might be getting a reality check from VMware (VMW). In a research report Monday, Gregg Moskowitz, an analyst for Cowen and Co., says VMware could be preparing to launch a new version of its desktop virtualization software that would compete directly with similar software from Citrix. VMware stock was flat in afternoon trading in the stock market today, while Citrix stock was down more than 2%. VMware is the leading provider