PALO ALTO, CA--(Marketwired - February 10, 2015) - VMware, Inc. (NYSE: VMW), the global leader in virtualization and cloud infrastructure, today announced that it has appointed Shekar Ayyar and Sanjay Mirchandani to serve as corporate senior vice presidents, effective immediately. Both report to VMware's President and Chief Operating Officer, Carl Eschenbach.
Ayyar joined VMware in June 2007 and leads the company's strategic and corporate development efforts. In this role, Ayyar is responsible for aligning strategy and long-term planning across VMware businesses as well as managing the company's mergers and acquisitions, and strategic investments. Under his leadership, the company has executed on over 30 acquisition and investment transactions, including Nicira and Airwatch, both of which are key ingredients to VMware's strategy. Prior to joining VMware, Ayyar held senior roles at BindView, Instantis and Lucent, spanning product management, marketing, and business development, and was also a consultant with McKinsey.
With his new appointment, Ayyar will also lead the development of a Network Functions Virtualization (NFV) vertical market team within VMware. As the pioneer in virtualization, VMware is engaging with CTOs and CIOs to deliver a program designed to help the telecommunications industry accelerate innovation and launch new services faster, easier and with less expense through virtualization of telecommunications core networks and network functions.
Mirchandani joined VMware in October 2013 and leads the Asia Pacific and Japan (APJ) region, bringing more than 25 years of international business, IT and consultancy experience to the company. He is responsible for driving growth and developing strategic business plans and relationships across APJ. Prior to joining VMware, Sanjay spent seven years at EMC, where he was most recently EVP of Global Enterprise Services. Also at EMC, he was CIO of the company and COO of their Global Centers of Excellence. He has also held senior roles at Microsoft.
"VMware is dedicated to agressively driving a comprehensive growth strategy," Carl Eschenbach, president and chief operating officer, VMware. "With Shekar's strategic background that has enabled VMware to identify the right inorganic innovations that complement VMware's organic growth, and Sanjay's track record of delivering strong results in the Asia Pacific and Japan region, they are both uniquely qualified to help accelerate VMware's growth into the future."
VMware is a leader in cloud infrastructure and business mobility. Built on VMware's industry-leading virtualization technology, our solutions deliver a brave new model of IT that is fluid, instant and more secure. Customers can innovate faster by rapidly developing, automatically delivering and more safely consuming any application. With 2014 revenues of $6 billion, VMware has more than 500,000 customers and 75,000 partners. The company is headquartered in Silicon Valley with offices throughout the world and can be found online at www.vmware.com.
This press release contains forward-looking statements including, among other things, statements regarding expectations for development of a Network Functions Virtualization (NFV) vertical market team and program and its potential benefits for the telecommunications industry and the acceleration of VMware's growth. These forward-looking statements are subject to the safe harbor provisions created by the Private Securities Litigation Reform Act of 1995. Actual results could differ materially from those projected in the forward-looking statements as a result of certain risk factors, including but not limited to (i) changes to business information technology strategies; (ii) adverse changes in general economic or market conditions; (iii) delays or reductions in information technology spending; (iv) competitive factors, including but not limited to pricing pressures, industry consolidation, entry of new competitors into enterprise, cloud and mobility computing markets, and new product and marketing initiatives by our competitors; (v) our customers' ability to develop, and to transition to, new products and computing strategies such as software-defined data centers and cloud computing; (vi) the uncertainty of customer acceptance of emerging technology; (vii) rapid technological and market changes in virtualization software and platforms for cloud and enterprise computing; (viii) changes to product development timelines; (ix) VMware's ability to protect its proprietary technology; (x) changes and new developments to regulatory requirements; (xi) VMware's relationship with EMC Corporation and EMC's ability to control matters requiring stockholder approval, including the election of VMware's board members; and (xii) VMware's ability to attract and retain highly qualified employees. These forward looking statements are based on current expectations and are subject to uncertainties and changes in condition, significance, value and effect as well as other risks detailed in documents filed with the Securities and Exchange Commission, including our most recent reports on Form 10-K and Form 10-Q and current reports on Form 8-K that we may file from time to time, which could cause actual results to vary from expectations. VMware assumes no obligation to, and does not currently intend to, update any such forward-looking statements after the date of this release.
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