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VMware here for a long term, says Diane Greene

The optimism comes despite intensified competition. A day after VMware went public in August, Citrix Systems (CTXS) said it would pay $500 million for XenSource, which uses an open-source product for its key virtualization offerings.

In November, software giant Oracle (ORCL) unveiled an offering based on open-source technologies to compete with VMware. And in December, Microsoft (MSFT) released a virtualization test product ahead of schedule.

Greene says all those moves point to the importance of a field VMware dominates. She says her company's technology is still way ahead of the competition. "We've got a tremendous ecosystem out that we've been developing for 10 years," she said. "We're able to keep adding functionality at a very strong rate."

She likes her chances given the company's road map and reputation. "VMware is here for the long term," Greene said. "We certainly want to make our investors happy, but other than that we're quite focused on the long term."

Check the rest at Investor's Business Daily


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