VMware LLC, headquartered in Palo Alto, California, is a prominent American company specializing in cloud computing and virtualization technology. Notably, VMware achieved the groundbreaking feat of being the first entity to successfully commercialize the virtualization of the x86 architecture.
VMware was founded in 1998 by Diane Greene, Mendel Rosenblum, Scott Devine, Ellen Wang, and Edouard Bugnion.
After a year in stealth mode, VMware officially launched in February 1999 at the DEMO conference.
In May 1999, VMware released its first product, VMware Workstation.
VMware entered the server market in 2001 with the release of VMware GSX Server and VMware ESX Server.
EMC announced its intention to acquire VMware on December 15, 2003.
VMware had a busy year in 2003, launching VMware Virtual Center, vMotion, and Virtual Symmetric Multi-Processing (SMP) technology.
On January 9, 2004, EMC acquired VMware for $625 million in cash.
In 2004, VMware introduced 64-bit support to its products.
Edouard Bugnion, co-founder and CTO of VMware, left the company in 2005 to found Nuova Systems.
On August 14, 2007, EMC sold 15% of VMware to the public through an initial public offering (IPO).
After a period of disappointing financial results, VMware's board of directors made the decision to fire co-founder and CEO Diane Greene on July 8, 2008. Paul Maritz, who had been leading EMC's cloud computing business unit, stepped in to replace her.
Following the firing of his wife, Diane Greene, Mendel Rosenblum, co-founder and chief scientist of VMware, resigned from the company on September 10, 2008.
On September 16, 2008, VMware and Cisco Systems announced a strategic partnership. This collaboration led to the development of the Cisco Nexus 1000V, a distributed virtual software switch designed to integrate with VMware's infrastructure.
On April 12, 2011, VMware launched Cloud Foundry, an open-source platform-as-a-service (PaaS). VMware also introduced a hosted version of this service. Cloud Foundry was designed to support application deployment for various programming languages, including Java, Ruby on Rails, Sinatra, Node.js, and Scala. It also offered database support for MySQL, MongoDB, Redis, PostgreSQL, and RabbitMQ.
In April 2011, EMC made the decision to transfer control of its Mozy backup service to VMware.
In August 2012, Pat Gelsinger was appointed as the new CEO of VMware, transitioning from his role at EMC. Paul Maritz, the outgoing CEO, took on the position of Head of Strategy at EMC before eventually leading the Pivotal spin-off.
In March 2013, VMware spun off Pivotal Software as a separate entity, with General Electric making an investment in the newly formed company. This restructuring led to the transfer of most of VMware's application- and developer-focused products, including Spring, tc Server, Cloud Foundry, RabbitMQ, GemFire, and SQLFire, to Pivotal Software.
VMware launched its own Infrastructure as a Service (IaaS) offering, vCloud Hybrid Service, in May 2013. The launch took place at VMware's new headquarters in Palo Alto, and an early access program was announced, centered around a data center in Las Vegas. This service was later renamed vCloud Air and subsequently sold to cloud provider OVH.
At VMworld San Francisco in September 2013, VMware announced the general availability of its vCloud Hybrid Service. The company also revealed its plans to expand the service to additional locations, including Sterling, Virginia; Santa Clara, California; and Dallas, Texas. A beta version of the service was also launched in the UK.
VMware acquired Desktone in October 2013.
In March 2015, The Software Freedom Conservancy announced its financial support for a lawsuit filed by Christoph Hellwig against VMware in Hamburg, Germany. Hellwig alleged that VMware violated his copyrights with its ESXi product, claiming it was derived from the GPLv2-licensed Linux kernel 2.4 without adhering to the license's source code publication requirements. VMware denied these claims, stating that ESXi wasn't a Linux kernel derivative.
In anticipation of Dell's acquisition of EMC, VMware announced a restructuring plan in January 2016. This involved the elimination of around 800 positions, and several executives resigned. The entire development team responsible for VMware Workstation and Fusion was dissolved, and all US-based developers within that team were laid off.
In April 2016, Carl Eschenbach, VMware's president and COO, left the company to join Sequoia Capital. Around the same time, Martin Casado, the general manager for Networking and Security, also departed to join Andreessen Horowitz.
VMware released a maintenance update for its Workstation software, version 12.1.1, on April 24, 2016.
The lawsuit filed against VMware was dismissed by a German court in July 2016. Christoph Hellwig, the plaintiff, expressed his intention to appeal the decision.
VMware launched a dedicated website for its cloud provider partners in August 2016.
VMware announced the release of Workstation 12.5 and Fusion 8.5 on September 8, 2016. These updates were offered as a free upgrade and included support for Windows 10 and Windows Server 2016.
Following the merger of Dell and EMC, the Mozy backup service was transferred back to Dell's control in 2016.
In April 2017, VMware earned a spot as the third highest paying company in the United States, according to Glassdoor's annual rankings.
During the second quarter of 2017, VMware sold its vCloud Air service to the French cloud provider OVH.
Christoph Hellwig's appeal against the dismissal of his lawsuit against VMware was rejected by a German court in February 2019. The court cited failure to meet "procedural requirements for the burden of proof of the plaintiff" as the reason for dismissal.
VMware announced on January 13, 2021, that CEO Pat Gelsinger would be leaving the company to take on the CEO role at Intel, where he had previously spent a significant portion of his career.
On April 15, 2021, Dell announced its intention to spin off its remaining stake in VMware, distributing shares to Dell shareholders. Despite the spinoff, the two companies planned to maintain their existing operational relationship for at least five years.
VMware appointed Raghu Raghuram as its new CEO on May 12, 2021.
The spin-off of VMware from Dell was finalized on November 1, 2021.
Beginning in January 2022, hackers began exploiting the Log4Shell vulnerability to target unpatched VMware servers.
Reports emerged in March 2022 that hackers were leveraging the Log4Shell vulnerability to install backdoors and conduct cryptocurrency mining on vulnerable VMware servers.
In May 2022, VMware announced a partnership with the Formula One racing team, McLaren Racing.
In May 2022, cybersecurity researchers revealed that the Lazarus Group, a cybercrime organization potentially linked to North Korea, was actively exploiting the Log4Shell vulnerability to install backdoors on VMware Horizon servers, aiming to steal sensitive information.
On May 26, 2022, Broadcom revealed its plan to purchase VMware for approximately $61 billion in a cash and stock deal. The agreement also included Broadcom assuming $8 billion of VMware's existing debt. Following the acquisition, Broadcom's Software Group would be rebranded as VMware.
In November 2022, the UK's Competition and Markets Authority (CMA) initiated an investigation into Broadcom's proposed acquisition of VMware. The investigation aimed to determine if the deal would reduce competition in the UK market for goods and services.
A court ordered VMware to pay $84.5 million in May 2023 for infringing on two patents held by Densify, a Canadian software company.
On November 22, 2023, Broadcom Inc. completed the acquisition of VMware in a cash-and-stock transaction valued at US$69 billion. As part of the deal, VMware's End-User Computing (UEC) Division was sold to KKR.
VMware discontinued perpetual licenses for its products, including vSphere and Cloud Foundation, on December 13, 2023, transitioning to a subscription-based model. This move, according to VMware, was planned before the Broadcom acquisition.
In February 2024, private equity firm KKR entered into an agreement with Broadcom to acquire its End-User Computing (EUC) Division, a former part of VMware, for $4 billion. This acquisition includes products such as Horizon VDI and the Workspace ONE device management suite (formerly known as AirWatch).
VMware announced on May 14, 2024, that its Workstation Pro and Fusion Pro software would be available for free for personal use. While commercial use would still require payment, this move aimed to make the products more accessible to individual users.
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