VMware Inc. (VMW) Stock Upgraded
A Citi Investment Research analyst said late Wednesday a new virtualization software program from VMware Inc. should help the company enhance its market position.
"We believe this is a significant step towards enhancing VMware's already dominant position in the virtualization industry, and is a pre-emptive strike against future Microsoft and Citrix/Xen releases in the battle for control of the x86 server virtualization market," Brent Thill said in a client note. He kept his "Buy" rating and $134 price target.
VMware's "virtualization" software lets a single computer function like multiple machines, allowing companies to spend less on equipment and energy in their data centers.
At least six computer makers will include the ESX Server 3i software on new servers, helping VMware to continue its 90 percent domination of the market, and also to expand the market to new customers, Thill said.
"We believe this is a significant step towards enhancing VMware's already dominant position in the virtualization industry, and is a pre-emptive strike against future Microsoft and Citrix/Xen releases in the battle for control of the x86 server virtualization market," Brent Thill said in a client note. He kept his "Buy" rating and $134 price target.
VMware's "virtualization" software lets a single computer function like multiple machines, allowing companies to spend less on equipment and energy in their data centers.
At least six computer makers will include the ESX Server 3i software on new servers, helping VMware to continue its 90 percent domination of the market, and also to expand the market to new customers, Thill said.
Labels: VMW, VMware Inc.
posted by Stock Administrator @ 1:55 PM
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