Industry News Desk
VMware's a Keeper: EMC CEO
‘We will get more traction and more opportunities doing it the way we’re doing it’

By: Maureen O'Gara
Mar. 15, 2009 11:45 PM

CEO Joe Tucci said for what must be the umpteenth time Tuesday that EMC has no intention of parting with its roughly 84% majority stake in virtualization leader VMware.

The occasion was EMC's first analyst day in a dog's age.

EMC has been under pretty constant market pressure since VMware IPO'd 20 months ago to divest its position on the theory that the two companies would be more valuable split up.

Tucci, however, thinks "We will get more traction and more opportunities doing it the way we're doing it," claiming VMware helps sell EMC hardware.

Published Mar. 15, 2009— Reads 4,452
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About Maureen O'Gara
Maureen O'Gara the most read technology reporter for the past 20 years, is the Cloud Computing and Virtualization News Desk editor of SYS-CON Media. She is the publisher of famous "Billygrams" and the editor-in-chief of "Client/Server News" for more than a decade. One of the most respected technology reporters in the business, Maureen can be reached by email at maureen(at)sys-con.com or paperboy(at)g2news.com, and by phone at 516 759-7025.

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