VMware Acquires CloudVolumes, Pioneer of Real-Time Application Delivery Technologies
(Marketwire Via Acquire Media NewsEdge) PALO ALTO, CA -- (Marketwired) -- 08/20/14 --
VMware, Inc. (NYSE: VMW), the global leader in virtualization and cloud infrastructure, today announced the acquisition of CloudVolumes, a leading provider of real-time application delivery technology that enables enterprises to easily deliver native applications to virtualized environments on-demand. Financial details of the transaction were not disclosed. The transaction is expected to be immaterial to VMware's financial results.
"Customers are looking to modernize their existing Windows application delivery architecture to be more like mobile IT," said Sumit Dhawan, senior vice president and general manager, Desktop Products, End-User Computing, VMware. "The combination of CloudVolumes and VMware Horizon will allow customers to build a real-time application delivery system that enables all applications to be centrally managed, always available and up-to-date, and delivered to virtualized environments for desktop, server or cloud on-demand."
"Customers are looking for game changing solutions," said Raj Parekh, chief executive officer, CloudVolumes. "By bringing together CloudVoumes and VMware, we will be able to deliver winning technology solutions for the desktop and beyond, that few competitors can match."
Revolutionizing Application Delivery and ManagementWith the continued consumerization of IT, companies have increasingly turned to desktop virtualization to provide employees with secure, anytime, anywhere access to desktops, applications and data. With the addition of CloudVolumes to the VMware End-User Computing portfolio, VMware Horizon 6 customers will be able to lower their desktop and application infrastructure and management costs while giving end-users a personalized experience.
This promises to change the game for desktop virtualization and addresses the application delivery and performance challenge. With real-time application delivery, personalized desktops and application environments can be created at a reduced infrastructure cost by using a single gold image for multiple users or groups. As a result, customers will no longer have to choose between cost and a personalized experience.
CloudVolumes will also enable VMware to build real-time application delivery across all three of its technology focus areas that include end-user computing, software-defined datacenter and hybrid cloud services.
Read a blog post by Kit Colbert, CTO, End-User Computing, VMware Read a blog post by Harry Labana, SVP & Chief Product Officer, CloudVolumes Follow us on Twitter and FacebookAbout CloudVolumesCloudVolumes helps businesses solve their complex management, scale, and performance problems with the cloud and virtualized datacenters by virtualizing everything above the OS. Customers rely on CloudVolumes to provide solutions for terminal servers, desktops, and servers, eliminating lock-ins of service providers and hypervisors. CloudVolumes works with a customer's existing environment to dynamically deliver server or desktop workloads to any generic virtual machine providing instant access to applications, data, and profiles. The company is headquartered in Santa Clara, California. For more information, visit www.cloudvolumes.com or follow CloudVolumes on Twitter at www.twitter.com/cloudvolumes.
About VMwareVMware 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 2013 revenues of $5.21 billion, VMware has more than 500,000 customers and 75,000 partners. The company is headquartered in Silicon Valley with offices throughout the world and can be found online at www.vmware.com.
This press release contains forward-looking statements including, among other things, statements regarding the planned features of combined CloudVolumes and VMware products and solutions and their potential benefits to customers. These forward-looking statements are subject to the safe harbor provisions created by the Private Securities Litigation Reform Act of 1995. Actual results could differ materially from those projected in the forward-looking statements as a result of certain risk factors, including but not limited to (i) the successful integration of CloudVolumes products and solutions with VMware; (ii) adverse changes in general economic or market conditions; (iii) delays or reductions in information technology spending; (iv) competitive factors, including but not limited to pricing pressures, industry consolidation, entry of new competitors into the mobile device, end user and cloud computing markets, and new product and marketing initiatives by our competitors; (v) our customers' ability to develop, and to transition to, new products and computing strategies such as cloud computing and mobile device management; (vi) the uncertainty of customer acceptance of emerging technology; (vii) rapid technological and market changes in virtualization software and platforms for cloud and mobile device computing; (viii) changes to product development timelines; (ix) VMware's ability to protect its proprietary technology; and (x) VMware's ability to attract and retain highly qualified employees. These forward looking statements are based on current expectations and are subject to uncertainties and changes in condition, significance, value and effect as well as other risks detailed in documents filed with the Securities and Exchange Commission, including our most recent reports on Form 10-K and Form 10-Q and current reports on Form 8-K that we may file from time to time, which could cause actual results to vary from expectations. VMware assumes no obligation to, and does not currently intend to, update any such forward-looking statements after the date of this release.
VMware and Horizon are registered trademarks or trademarks of VMware, Inc. in the United States and other jurisdictions. All other marks and names mentioned herein may be trademarks of their respective organizations.
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Source: VMware, Inc.
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