VMware CEO says pleased with financial performance, execution in Q3
"Q3 was another solid quarter for VMware, and we're pleased with our results. We continue to see traction and customer momentum in support of VMware's vision to deliver a software architecture that enables any app, on any cloud, delivered to any device," commented Pat Gelsinger, CEO, VMware. "We are thrilled to welcome Carbon Black to the VMware family, and we remain on track to close the acquisition of Pivotal by the end of the fiscal year. Customers globally have resoundingly affirmed that both acquisitions will offer tremendous value as we help them with their digital transformations. We're pleased with our financial performance and execution this quarter, which reflected broad-based strength across our product and solutions portfolio," said Zane Rowe, executive vice president and CFO, VMware. Hybrid Cloud Subscription and SaaS revenue grew to over 13 percent of total revenue in Q3, and we expect this category will continue to grow significantly next year, including the contributions of Carbon Black and Pivotal."