VMware, Inc. (NYSE: VMW) is a provider of virtualization software. The company was founded in 1998 and is based in Palo Alto, California. The Company is majority owned by EMC Corporation (NYSE: EMC).
VMware’s desktop software runs on Microsoft Windows, Linux, and Mac OS X, while VMware’s enterprise software hypervisors for servers, VMware ESX and VMware ESXi are bare-metal embedded Hypervisors that run directly on server hardware without requiring an additional underlying operating system.
In 1998, VMware was founded by Diane Greene, Mendel Rosenblum, Scott Devine, Edward Wang, and Edouard Bugnion. Greene and Rosenblum, who are married, first met while at Berkeley. Edouard Bugnion remained the chief architect and CTO of VMware until 2005, and went on to found Nuova Systems (now part of Cisco).
The company has its headquarters in Palo Alto, California, United States, and established an R&D Center in Cambridge, Massachusetts, as well as one at the Time Warner Center in New York City, in 2005. VMware software runs on Windows and on Linux, and made its debut on Mac OS X in December, 2006. Their customers include all 100 of the Fortune 100 companies.
VMware operated throughout 1998 in stealth mode with roughly 20 employees by the end of that year. The company was launched officially in February 1999 at the DEMO Conference organized by Chris Shipley.
VMware delivered its first product, VMware Workstation, in May 1999 and entered the server market in 2001 with VMware GSX Server (hosted) and VMware ESX Server (hostless).In 2003 VMware launched VMware Virtual Center, the VMotion and Virtual SMP technology. 64-bit support appeared in 2004. The company was also acquired by EMC Corporation that same year for $625 million.
In June 2006, VMware acquired privately-held Akimbi Systems.
In August 2007, EMC Corporation released 10% of the company’s shares in VMware in an initial public offering on the New York Stock Exchange. The stock debuted at 29 USD per share and closed the day at 51 USD.
On July 8, 2008, VMware co-founder, president and CEO Diane Greene was unexpectedly fired by the VMware Board of Directors and replaced by Paul Maritz, a retired 14-year Microsoft veteran who was heading EMC’s cloud computing business unit. In the same news release VMware stated that 2008 revenue growth will be “modestly below the previous guidance of 50% growth over 2007.” As a result, market price of VMware dropped nearly 25%. Then on September 10, 2008, Rosenblum, the company’s chief scientist, resigned from VMware.
On September 16, 2008, VMware announced that they are collaborating with Cisco to provide joint data center solutions. One of the first results of this is the Cisco Nexus 1000V, a distributed virtual software switch that will be an integrated option in the VMware infrastructure.
VMware acquired Tungsten Graphics, a company with core expertise in 3D graphics driver development on November 26, 2008.
On August 10, 2009, VMware announced the acquisition of SpringSource, a leader in enterprise and web application development and management. The acquisition is seen by the industry as a strategic move of VMware to become a leader in offering Platform as a Service (PaaS). The acquisition also resulted in the expansion of VMware’s education services portfolio by the inclusion of SpringSource University and its authorized training partner – SpringPeople Technologies.
On Tuesday, January 12, 2010, VMware acquired Zimbra, an open-source collaboration software tool, from Yahoo.
On Thursday, May 6, 2010, VMware acquired GemStone, to be operated under VMware’s SpringSource division.