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Four years ago, VMware pivoted: Instead of viewing Amazon’s cloud service AWS as a threat, it linked up with the service and made it one of the company’s greatest strengths. Since then, VMware’s cloud-computing and virtualization software continues to gain momentum, helping grow annual revenue by an average of 21% over the past three years. The company, led by CEO Pat Gelsinger, generated $10.8 billion in 2019, and, as of November, boasted a valuation of $62.1 billion.
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