U.S. Markets closed

EMC, VMware to create Pivotal Initiative led by CSO Maritz

The companies announced earlier on VMware's (VMW) corporate blog that "VMware and (its parent company) EMC (EMC) are committing key existing technology, people and programs from both companies focused on Big Data and Cloud Application Platforms under one virtual organization—the Pivotal Initiative—led by Paul Maritz, Chief Strategy Officer of EMC." The companies expect to formally unite these resources by 2Q13, with a specific operational structure to be determined, according to the posting. The companies said approximately 600 employees from VMware and 800 employees from EMC will join the new group, including most employees and resources currently working within EMC’s Greenplum and Pivotal Labs organizations and VMware’s vFabric, Cloud Foundry and Cetas organizations.