Official Name: VMware, Inc.

Headquarters: Palo Alto, CA, United States

Founded: February 10, 1998

Employees: 34,000

CEO: Mr. Rangarajan Raghuram


Market Cap

$61.52 Billion

USD as of Dec. 1, 2023

Market Cap History

Company Description

VMware offers software solutions focusing on hybrid and multi-cloud, modern applications, networking, security, and digital workspaces. Its products include compute virtualization, data storage, cloud management, and networking. VMware also provides digital workspace solutions, application modernization tools and security solutions.

VMware market capitalization over time

Evolution of VMware, Inc. market cap in the past 5 years

Market capitalizations are calculated from the opening stock price at the beginning of each month.

Market Cap History of VMware, Inc.

Detailed Description

VMware, Inc. provides software in the areas of hybrid and multi-cloud, modern applications, networking, security, and digital workspaces in the United States and internationally. It offers VMware multi-cloud solutions, including VMware vSphere, a data center infrastructure that provides the fundamental compute layer and utilizes its hypervisor software, a layer of software that resides between the operating system and system hardware to enable compute virtualization; vSAN and VxRail, which offers holistic data storage and protection options to all applications running on vSphere; and vRealize Cloud Management solutions that manages hybrid and multi-cloud environments running in virtual machines and containers, as well as VMware Cloud Foundation, a hybrid cloud platform that combines its vSphere, vSAN, and NSX with vRealize Cloud Management into an integrated stack and delivers enterprise-ready cloud infrastructure for private and public clouds. The company also provides networking solutions, such as VMware NSX, VMware Service-defined Firewall, VMware SD-WAN, VMware SASE, VMware vRealize Network Insight, and VMware NSX Advanced Load Balancer; digital workspace solutions that comprise Workspace ONE Unified Endpoint Management, Access, and Horizon; and application modernization solutions, such as Tanzu Basic, standard, and advanced edition, Tanzu Application Service, and Tanzu Labs. In addition, it offers intrinsic security solutions consisting of VMware Carbon Black Cloud Endpoint and Workload. The company sells its products through distributors, resellers, system vendors, and systems integrators. VMware, Inc. has strategic alliances with Amazon Web Services to build and deliver an integrated hybrid solution. The company was incorporated in 1998 and is headquartered in Palo Alto, California. As of November 1, 2021, VMware, Inc. operates independently.

Top 1-year algo backtest: +269.94%

$10,000 in May 2023 would now be $36,994 by following this algorithm daily at market close.

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Stocks & Indices

VMware, Inc. has the following listings and related stock indices.

Stock: NYSE: VMW wb_incandescent

Stock: FSX: BZF1 wb_incandescent

Product & Services

VMware vSphereVMware ESXiVMware FusionVMware PlayerVMware ThinAppVMware ViewVMware Infrastructure

Key People

Founder(s): Mendel Rosenblum Diane Greene Scott Devine Ellen Wang Edouard Bugnion

Michael Dell (Chairman) Rangarajan Raghuram (CEO)


Revenue: US$11.767 billion (2021)

Operating income: US$2.388 billion (2021)

Net income: US$2.05 billion (2021)

Total assets: US$29.016 billion (2021)

Total equity: US$9.051 billion (2021)



3401 Hillview Avenue

Palo Alto, CA 94304

United States

Phone: 650 427 5000

Fax: 650 427 5001