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VMware CEO: Tectonic shift in mobile cloud world

Wednesday, 22 Jan 2014 | 11:00 AM ET

Cloud computing company VMware is acquiring mobile computing company AirWatch for $1.18 billion in cash. VMware CEO Patrick Gelsinger discusses the deal, saying, "The world is shifting from the client server era to the mobile cloud era, and everybody in the IT industry needs to make that shift."