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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