VMware banks on innovation for growth

VMware Inc, a California-based cloud and virtualization software provider, will step up efforts to tap into the Chinese market as its local joint venture is attracting more State-owned enterprises as clients, a top company official said.

The move is part of the company's broad push to invest $1 billion in innovation and talent development in China, said VMware CEO Pat Gelsinger.

"Our joint venture with the State-owned Sugon Information Industry Co Ltd became operational one and a half years ago. We are broadening product portfolios and attracting early customers that prefer China-provided technologies," Gelsinger said in an exclusive interview with China Daily.