Virtualization Giant Reports Strong Quarter

VMware, the Microsoft of virtualization, just reported first quarter results. As if one needed other evidence, virtualization is a very healthy industry. Revenues were $438 million, an increase of 69% compared to the same quarter last year.

If you want to know where virtualization is going — international revenues increased 74% driven by “triple-digit business growth across Australia and emerging markets including Brazil, China, India and Russia.”

And the state of the market is good - VMware expects 2008 growth of approximately 50% compared to 2007.

VMware Results