VMware logo

VMware VMW

$ 142.48 0.0%

Quarterly report 2023-Q2
added 09-07-2023

report update icon

Country

usaUSA

IPO year

2007

Industry

Software

Stock Exchange

NYSESPB

CEO

Mr. Patrick Gelsinger

Employees in the company

29 450

Shares

423 M

Market Cap[1]

$ 60.3 B

EBITDA (LTM)

$ 3.23 B

P/E (LTM)

53.76

P/S (LTM)

5.34

EPS (LTM)

3.06

VMware is an American company specializing in virtualization and cloud technologies. It was founded in 1998 and has since become one of the leading providers of virtualization solutions.

VMware offers a wide range of products and services that enable organizations to effectively utilize their IT infrastructure. One of the company's main products is VMware vSphere, a platform for server virtualization that allows multiple virtual machines to run on a single physical server.

In addition, VMware provides solutions for desktop virtualization, networking, and storage. These solutions help organizations increase the flexibility and reliability of their IT infrastructure, as well as reduce the costs of maintaining it.

One of the key advantages of VMware products is the ability to create a hybrid cloud infrastructure. This allows organizations to use both on-premises resources and cloud services to meet their IT needs.

VMware is also actively involved in digital transformation and software development. The company offers tools and platforms for application development and management, which help organizations quickly adapt to changing market conditions and increase their competitiveness.

Thanks to its innovative activities and high-quality products, VMware holds a leading position in the virtualization and cloud technology market. The company continues to evolve and offer new solutions to help organizations effectively utilize their IT resources and achieve their business goals.

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References

  1. Pavone, P. (2019). Market capitalization and financial variables: Evidence from Italian listed companies. International Journal of Academic Research Business and Social Sciences, 9(3), 1356-1371.