Nutanix Inc. and its Chief Executive Rajiv Ramaswami are facing a stock drop of more than 20% after a disappointing outlook in yesterday’s earnings call. Ramaswami remains optimistic, stating that the sales slowdown is temporary and that large contracts in negotiation will boost the company’s fortunes soon. Despite this setback, Nutanix reported positive news during … Read more
With customers still jittery about Broadcom Inc.’s plans for VMware Inc., its new subsidiary is mounting a push to assure them that its Tanzu application development and modernization toolkit is not only alive and well but a key part of the post-acquisition strategy. In an interview with SiliconANGLE and a pre-recorded event on LinkedIn, Purnima … Read more
Since hitting a low of just over $14 a share in mid-2022, Nutanix Inc.’s stock price trajectory has been mostly up and to the right. Shares closed at over $64 on Friday, nearly doubling over the past six months. The company’s fiscal second-quarter financial results topped revenue and earnings expectations on steady organic growth, and … Read more
VMware Inc. and Google LLC announced today that they will partner to deliver Google Cloud’s AlloyDB Omni database management system on VMware’s cloud, giving PostgreSQL users an alternative to the popular open-source platform that is purpose-built for artificial intelligence development. PostgreSQL is the fourth most popular DBMS on SolidIT Consulting & Software Development gmbh’s DB-Engines … Read more
VMware Inc. is convening its annual Explore conference in Barcelona this week with a huge batch of product and partnership announcements aimed at strengthening its Cloud Foundation hyperconverged infrastructure with improved data services and security as well as advancing its Tanzu application development and modernization platform. The virtualization firm, whose acquisition by Broadcom Inc. from … Read more
VMware Inc. today announced enhanced multicloud deployment capabilities in a new version of its Tanzu application development platform. Tanzu is an application modernization toolkit that packages together components for building, deploying and managing applications that run in software containers coordinated by the Kubernetes orchestrator. Enhancements announced today will provide for better visibility, more proactive optimization … Read more
VMware Inc. is kicking off its annual Explore user conference today with a bushel of new and enhanced products designed to simplify multicloud management, support evolving edge use cases and streamline the administration of end-user computing environments. VMware Cloud, which combines the company’s Cloud Foundation software and Cloud Services, is being repackaged into five editions … Read more