VMware up 316% Since August IPO
Power Women 50 Index company spotlight.
What is going on at VMware Inc. (NYSE symbol VMW), a Power Women 50 Index company? Since the IPO price of $29.00 on August 14, 2007, Diane Greene, CEO of VMware, has led this company on an amazing ride. The stock closed today at $120.78, up $8.67 for the day and up 316.5% since the IPO. Results are stunning - with 9 months on the books for 2007, earnings are up 100% compared to the entire twelve months in 2005 ($.40 vs. $.20) and revenue is up 135.9% ($913.3M vs. $387.1M).
Click here for the third quarter results...
About Diane Greene:
Diane Greene is President, CEO and co-founder of VMware. Under Diane's leadership, VMware created the market for mainstream virtualization and VMware definitively leads what is now a virtualization software industry. Diane has held technical leadership positions at Silicon Graphics, Sybase and Tandem and was CEO of VXtreme. Diane's degrees include mechanical engineering, naval architecture and computer science from the University of Vermont, Massachusetts Institute of Technology and the University of California Berkeley, respectively. Diane serves on the board of VMware and Intuit.
About VMware:
VMware is the world’s leading provider of virtualization solutions for x86-based servers and desktops. Through a pioneering approach to virtualization, VMware technology works to separate the software from the underlying hardware. This allows a single computer to run multiple operating systems and applications, delivering significant improvements in efficiency, availability, flexibility and manageability.Founded in 1998, VMware is headquartered in Palo Alto, California, with offices around the world. VMware’s customer base consists of more than 20,000 organizations of all sizes, including 100% of Fortune 100 companies. VMware delivers technology designed to substantially lower IT costs, provide more flexibility in choosing operating systems, and offer a more automated and resilient systems infrastructure capable of responding to variable business demands.
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Pierre Cutler
The Sacramento Executive























