Nutanix, a company that provides “hyperconverged” compute, storage, virtualisation, and networking, reported a record quarter – amid reports of extreme inflation for VMware customers when it comes to contract renewals. (Nutanix goes head-to-head with VMware across its offering.)
The San Jose-headquartered firm reported record quarterly revenue of $565 million late Wednesday (February 28). ARR rose 26% to $1.74 billion.
Nutanix has been spending advertising dollars to position…