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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Company Information

As of 12/3/20
Country
U.S.
Headquarters
Palo Alto, Calif.
Industry
Software
CEO
Patrick Gelsinger
Company Type
Public
Ticker
VMW
Revenues ($M)
$11,546
Profits ($M)
$1,588
Market Value ($M)
$62,095
Employees
29,450
Figures are for the latest twelve months ended Oct. 31, 2020. Market Value as of Nov. 20, 2020. Sources: Bloomberg; S&P Global.

Future 50
As of 12/3/20

Overall Score
17
Sector
Information Technology

Historical Data

YearRevenues ($M)Profits ($M)
2019$9,496$6,267
2017$7,447$1,326
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