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VMware/EMC Spinning Out Greenplum et.al. into New Cloud Provider?

What would tech news be without rumours and speculation? Anyway, this could make sense from multiple angles, be it risk mitigation or just a new setup that allows EMC and VMware each to focus on the core infra assets that they sell to the enterprise, and takes a lot of the other stuff into a new cloud provider.

GigaOM has learned that VMware hopes to spin out some of its cloud assets, including its Cloud Foundry platform-as-a-service division and parent company EMC’s Greenplum assets into a separate company, according to sources close to the deal. The new company will also include assets of Project Rubicon, an infrastructure-as-a-service joint venture between VMware and EMC.

via VMware plans cloud spin out to keep up with Microsoft, Amazon and Google.


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