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VMware (VMW), the company that provides cloud and virtualization software, just delivered strong first quarter results that were in line with expectations. The Street was expecting a revenue of $1.35 billion and VMware delivered $1.36 billion and reported earnings of $199 million. Earlier this year, VMware had acquired AirWatch, adding a mobile angle to their company, and launched virtual storage software. Before the results were released, analysts were already making recommendations to BUY and HOLD VMW.