EMC to take Virtustream majority stake - report

Jack Gilbert
clock

Reuters reports that VMware will no longer own 50 per cent of new cloud services business

VMware is not going to take a 50 per cent stake in the hybrid-cloud platform Virtustream, with EMC set to take majority control, according to a report from Reuters. In the days following the Del...

To continue reading this article...

Join CRN

  • Enjoy full access to channelweb.co.uk - the UK’s top news source for the IT channel
  • Gain the latest insights through market analysis and interviews with channel leaders
  • Stay on top of key trends with the Insider weekly newsletter curated by CRN’s editor
  • Be the first to hear about our industry leading events and awards programmes

 

Join now

 

Already a CRN member?

Log in

You may also like
'The channel are realising VMware doesn't work for their needs anymore' - Climb Channel Solutions partners with VMware alternative Scale Computing

Distributor

The duo are offering a way out for European VMware partners and customers

clock 20 March 2024 • 2 min read
Broadcom's VMware license cancellations should face scrutiny, urges cloud trade body

Vendor

CISPE demands a pause on contract terminations and calls Broadcom’s actions unwarranted and threatening to EU firms

clock 20 March 2024 • 4 min read
Broadcom CEO Hock Tan: Focus on upselling VMware's 'largest 2,000' customers proves 'very successful'

Vendor

Tan says Broadcom expects double-digit revenue gains from its VMware Cloud Foundation as it is focused on providing resources, support and upselling for VMware’s ‘largest 2,000 strategic customers'

clock 11 March 2024 • 4 min read

Sign up to our newsletter

The best news, stories, features and photos from the day in one perfectly formed email.

More on Vendor

Christanto Suryadarma, Zebra Technologies

Christanto Suryadarma, Zebra Technologies

CRN
clock 22 March 2024 • 4 min read
AI innovation is fuelling growth amongst Microsoft partners, report finds

AI innovation is fuelling growth amongst Microsoft partners, report finds

Microsoft partners are seizing "generational" AI opportunities, fuelling ecosystem growth

Andrea Gaini
clock 22 March 2024 • 2 min read
OVHcloud aiming to increase microservices partner base

OVHcloud aiming to increase microservices partner base

European cloud giant is specifically looking to partner with organisations offering value-added services

Andrea Gaini
clock 21 March 2024 • 2 min read