3 Reasons VMware, Inc.’s Shares Could Fall
VMware (NYSE: VMW ) stands at a crossroads right now.
When VMware was a brand-new OpenStack Foundation member, OpenStack insiders worried the addition would destroy the platform from within. “For its $200,000 annual gold member fee VMware just elegantly subdued one of its most feared competitors and we, at the foundation board, allowed that to happen. I fear it may have been the board’s first wrong decision,” said OpenStack board member Boris Renski at the time.
But that hasn’t happened. Instead, OpenStack has become a serious growth driver for major backers such as Red Hat and Rackspace. And rather than subverting OpenStack from the inside, VMware is making a serious effort to build platform support into its own products.