As part of their July 17th earning announcement VMware ended recent rumors by confirming that they will name EMC COO and ex-Intel exec Pat Gelsinger as CEO of VMware. They also announced that current CEO Paul Maritz formerly with Microsoft will take on a new role of technology strategist at EMC and will remain on the VMware board of directors.
VMware also projected record quarterly revenues of approximately $1.12 billion which is up 22 % over Q2 2011. In addition, VMware announced that they expect their full-year 2012 revenues to be between $4.54 billion and $4.64 billion.