Despite ongoing rumors that EMC might spin off its remaining 85 percent share in VMware, the EMC supremo explained that this is unlikely.
EMC has no plans to spin out the remaining 85 percent of VMware, he said, adding that the software vendor sits at the nexus of could computing, data center virtualization, and desktop virtualization.
Describing the new VMware CEO Paul Martiz as a world-class technologist, Tucci explained that the virtualization vendor could become an even bigger cash cow for EMC and its shareholders. The virtualization market over the next several years will reach double-digit billions annually.
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