Jul 09
PALO ALTO, Calif. and SANTA CLARA, Calif., July 9, 2007 — VMware, Inc., the global leader in software for virtualization solutions today announced that Intel Corporation, through its global investment arm, Intel Capital has agreed to become an investor in VMware. VMware’s base virtualization platform virtualizes the Intel architecture. Intel microprocessors comprise the majority of the systems on which VMware’s virtualization products are deployed. Intel Capital will invest $218.5 million in VMware’s Class A common stock subject to customary regulatory and other closing conditions including Hart-Scott-Rodino (HSR) review. At the completion of VMware’s planned initial public…
Leave a Reply
You must be logged in to post a comment.