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VMware: Amazon Partnership a ‘Nice Call Option,’ Says RBC

Shares of VMware (VMW) are up 99 cents, or 1.8%, at $56.27, after the company last night announced in conjunction with Amazon.com (AMZN) that VMware will sell a “hybrid cloud” computing service that lets customers use VMware software to run jobs on Amazon’s “AWS” computing facility. Amazon shares are up $2.85 at $832.13. As the two companies explained, Most enterprises rely on VMware to run applications in their vSphere-based private clouds, and often these same customers are also running applications on AWS.
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