Posts Tagged ‘Pat Gelsinger’

VMware’s much-rumored spin-off is announced as a “virtual organization,” dubbed the Pivotal Initiative. Paul Martiz, former VMware CEO and current EMC CSO, will now head up the virtual organization as VMware and EMC seek to realign their efforts and create a focused developmental outlet for the future of cloud technology.

The rumors about VMware spinning off Cloud Foundry, GemStone and SpringSource into an EMC-based subsidiary are back. If former VMware CEO Paul Martiz heads up the hypothetical organization, it may put VMware and EMC in a much stronger position to compete with rivals in the cloud and virtualization space.

John Chambers says he’s looking for an orderly transition of power when he finally relinquishes the helm at Cisco in the next few years. Channelnomics takes a look at some of the technology notables being mentioned as possible successors to the long-time CEO.

In regulatory filings, EMC reveals that longtime CEO Joe Tucci will remain with the company for at least another three years, but will likely turn over his chief executive responsibilities much sooner. It’s a sign of stability and planned orderly transition.

VMware will drop vRAM lisecning requirements in vSphere 5.1, which is set to debut at VMware VMworld 2012. VMware’s moves show a desire to adapt to the cloud world while it caters to customer and partner demands.

Yesterday, the market was racing away from VMware amid uncertainty about its future following the departure of CEO Paul Maritz. Now that all the details are out, the stock is rebounding in a big way.

Wall Street is pounding VMware stock prices following reports that CEO Paul Maritz is leaving the company. While the news is shocking, there’s a lot of good happening at VMware, its parent and its incubator projects.

In still-developing breaking news, media outlets citing unnamed sources say Paul Maritz is out as CEO of virtualization software leader VMware, replaced by chief operating officer Pat Gelsinger. What the leadership shakeup means remains unclear.