Ex-VMware CEO Paul Maritz will lead a new EMC/VMware joint venture focused on cloud computing and big data.

VMware and its owner EMC confirmed it will merge several product divisions into a new entity focused on cloud computing and big data.

Rumors had been circling VMware for months about a plan to spin out its Cloud Foundry platform-as-a-service division, and it turns out the rumors were true. It’s more than just Cloud Foundry, as the new venture will include VMware’s Spring line of products for Java developers, its GemFire data management software, and its Cetas big data analytics division.

The new venture will also include EMC’s own Greenplum, which focuses on big data, and Pivotal Labs, which provides software development services and tools. In all, 600 employees from VMware and 800 employees from EMC will move to the new entity.

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via Ars Technica » Technology Lab http://feeds.arstechnica.com/~r/arstechnica/technology-lab/~3/YAFBcvoleJs/