Getting your player ready...
PALO ALTO, Calif. — Software company VMware Inc. replaced co-founder Diane Greene as chief executive this week and lowered its sales outlook, triggering alarms that pounded the business-software maker’s shares to their lowest depths since the company’s lucrative public offering 11 months ago.
Former Microsoft Corp. executive Paul Maritz took over as VMware’s new leader.
In March, the company announced it would expand in Broomfield’s Interlocken Business Park, bringing up to 300 jobs to the area in the next couple of years. According to VMware spokeswoman Mary Ann Gallo, the move to Broomfield is complete. It is unclear how many jobs have been added.
