VMware has started a new Hybrid Cloud Services Business Unit and hired Bill Fathers, the former president of Savvis, the cloud computing and managed hosting outfit, to run it.
VMware, whose stock is at its lowest ebb in three years, made the announcement at a Strategic Forum for Institutional Investors Wednesday.
VMware CEO Pat Gelsinger said the new unit was meant to extend the software-defined data center. VMware is supposed to launch a vCloud Hybrid Service later this year and push it through existing channels. It’s supposed to let customers “reap the benefits of the public cloud without changing their existing applications while using a common management, orchestration, networking and security model.”