This is VMware's first joint venture in China. Under the agreement, dawn will become the controlling shareholder of joint-venture company, responsible for the day-to-day operations of the joint venture and business. Most recent two years of foreign IT companies set up joint ventures with local companies and foreign companies in the joint venture company plays the role of technology transfer. The localization of IT since the wave of foreign IT companies seeking an alternative way of.
Under the agreement, user needs, China will launch a joint venture company for the localization of innovative cloud computing solution, which will be based on the dawn VMware virtualization solutions and cloud computing solutions. Lijun, President of dawning, says it will launch the joint venture's first product within the next 6 months.
Lijun was also expressed his pleasure at the scene, as the network CEO Jia Yue Ting Mazer. He referred to Jia Yue Ting jiangle released depending on the hardware of the phone cost and announced that sales below cost price, he thought cloud computing services market, must be the trend of the future. "Send services back to the hardware", Lijun said he thought cooperation with VMware, dawn in the booster from equipment providers, transition to a service provider.
VMware CEO Pat Gelsinger said, "we think that the joint venture is like marriage, not only marriage, but also to maintain that relationship, to have lots of children in the future. "He expected in 2040, China and the United States accounted for 70% of the cloud market.
In 2014, VMware has announced total investments of $ 1 billion within the next five years for the development of business in China.
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