Tuesday, February 26, 2013

VMware on MIT List of World's Most Innovative Companies

^v^ ^v^ ^v^

VMware reported QE December 2012 financial results on January 28

VMware Named to MIT Technology Review's 2013 50 Disruptive Companies List Recognizing World's Most Innovative Companies

PALO ALTO, CA -- (Marketwire) -- 02/25/13 -- VMware (NYSE: VMW) has been identified in the field of Computing as one of 2013's 50 Disruptive Companies, MIT Technology Review's annual list of the world's most innovative technology companies. The honorees are nominated by MIT Technology Review's editors, who look for companies that have demonstrated original and valuable technology over the last year, are bringing that technology to market at significant scale, and are clearly influencing their competitors.

"We take great pride in VMware being recognized as an innovator by MIT Technology Review," said Martin Casado, Chief Architect, Networking, VMware. "Our vision is to enable 100 percent automation of the network in the data center, which requires a fully software based approach. By decoupling the network from the underlying physical hardware, network virtualization transforms the operational and economic models of networking. Early adopters of this innovation are dramatically improving the pace of how they operate and serve their customers while significantly lowering costs."

Managing networks and network services to support cloud architectures is complex, time consuming and limits the achievement of full application mobility across clouds. VMware is at the forefront of network virtualization, which enables the dynamic creation of virtual network infrastructure and services that are completely decoupled and independent from the physical network hardware. Many industry leaders, including AT&T, DreamHost, eBay, Fidelity Investments, NTT and Rackspace are using VMware's Nicira Network Virtualization Platform (NVP) to accelerate service delivery from weeks to minutes and reduce complexity and cost dramatically. VMware acquired Nicira in July 2012.

Jason Pontin, publisher and editor in chief of MIT Technology Review, states, "The pace at which technology changes is astounding. This issue celebrates organizations at the forefront, displaying 'disruptive innovation' that will prove to surpass the competition, transform an industry, and change our lives."

VMware and the other honorees will be featured in the March/April edition of MIT Technology Review, available on newsstands worldwide March 5, and online at today.

About VMware

VMware is the leader in virtualization and cloud infrastructure solutions that enable businesses to thrive in the Cloud Era. Customers rely on VMware to help them transform the way they build, deliver and consume Information Technology resources in a manner that is evolutionary and based on their specific needs. With 2012 revenues of $4.61 billion, VMware has more than 480,000 customers and 55,000 partners. The company is headquartered in Silicon Valley with offices throughout the world and can be found online at

Press Release: VMware Named to MIT Technology Review’s 2013 50 Disruptive Companies List Recognizing World’s Most Innovative Companies

^v^ ^v^ ^v^

Seeking Alpha