Topic: How To Invest

Q: Hello, Pat. Please, may I have your comments on VMware (NYSE:VMW)? Thank you.

Article Excerpt

A: VMware Inc., $148.54, symbol VMW on New York (Shares outstanding: 111.9 million; Market cap: $63.6 billion; www.vmware.com), provides virtualization and cloud computing software and services. The company is headquartered in Palo Alto, California. Dell Technologies Inc. (symbol Dell on New York) owns 80.9% of VMware. Virtualization software lets a company separate its computer operating system and program software from its underlying hardware. In grouping servers, storage devices and computer networks into a shared pool, virtualization software lets companies allocate those applications and programs as needed. This lets companies cut spending on equipment and reduce the power drain of their data centres; it also lets them improve their organizational efficiency and flexibility. VMware’s cloud computing offerings let businesses access their software and applications online and store their files on remote servers. The company’s app modernization, networking, security and digital workspace systems are all cloud based. Through their use, VMware’s customers can use any of their applications easily and securely from any device. The company’s…