Intel buys into VMWare

Written on July 10, 2007 – 12:24 AM | by abasits |

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Intel buys into VMWare 

Intel and VMware announced today that Intel Capital is taking a $218.5 million stake in virtualization company VMWare. Intel will purchase 9.5 million Class A shares at $23 per share, which, at the completion of VMware’s forthcoming IPO, will give Intel about a 2.5 percent stake in the company.

arstechnica.com

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