Breaking Analysis: EMC VMware Lays out the Pivotal Initiative – EMC’s Silver Lining Playbook: EMC Owns 69% – VMware Transfers 500 Employees | SiliconANGLE

Recursive company-level virtualization from EMC (which owns ~80% of VMware)

"Joe Tucci is a competitor.  EMC is a company that keeps on reinventing themselves and making the right moves at the right time.  Now he is finding the silver lining in his portfolio and creating another VMware – it’s called Pivotal Initiative.
Today in New York City, top industry analysts from Wall Street to Silicon Valley are with EMC and VMware executives to hear the plans for EMC and VMware.   The news is that VMware will be forming a new startup called Pivotal Initiative.  According to SiliconANGLE sources,  EMC will own 69 percent and VMware will own 31 percent, and the venture will have 1,250 employees."

Breaking Analysis: EMC VMware Lays out the Pivotal Initiative – EMC’s Silver Lining Playbook: EMC Owns 69% – VMware Transfers 500 Employees | SiliconANGLE