VMware, which has a stock market value of about $20 billion, went public last year with much fanfare. The company makes software used to improve the efficiency of other software, particularly in data centers.
But last month Microsoft (NASDAQ: MSFT) unveiled a free product, part of its Windows system, that competes directly with VMware’s software.
The Palo Alto company (NYSE: VMW) named Paul Maritz, a 14-year Microsoft veteran, as its new CEO and president. He also took a seat on VMware’s board.
No reason was given for Greene’s departure.
Ironically, Greene was profiled in a column in the business section of the Economist magazine this week, which described her strategy against Microsoft and other competitors as “co-opetition” or “being open and playing nice.” The magazine noted in the story that such a strategy “has often been a recipe for losing against Microsoft.”
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