Wednesday, July 20, 2016

VMware's NSX, VSAN Sales Surge In Q2, CEO Gelsinger Bullish On Dell-EMC Deal Impact

#VMware said Monday its software-defined data center technologies, particularly its #NSX software-defined networking and #VSAN software-defined storage, helped it beat Wall Street's profit and revenue forecast during its fiscal second quarter. Excluding items, VMware reported earnings of 97 cents a share and revenue of $1.69 billion. Wall Street analysts had forecast 95 cents a share and revenue of $1.68 billion. VMware shares jumped more than 9 percent to 68.26 in after-hours trading. VMware CEO Pat Gelsinger said during the vendor's earnings call that #Dell 's pending acquisition of #EMC -- the majority stakeholder in VMware -- is expected to quickly expand its business. Gelsinger said NSX and VSAN are appealing to a broader range of customers that are looking to run, deploy, and manage more applications in the cloud.

http://m.crn.com/news/virtualization/300081382/vmwares-nsx-vsan-sales-surge-in-q2-ceo-gelsinger-bullish-on-dell-emc-deal-impact.htm

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