Follow Slashdot stories on Twitter

 



Forgot your password?
typodupeerror
Check out the new SourceForge HTML5 internet speed test! No Flash necessary and runs on all devices. ×
Businesses

Submission + - VMware is spinning off (IPO)

An anonymous reader writes: http://www.vmware.com/company/news/releases/vienna .html IPO Expected to Unlock Market Value of VMware for EMC Shareholders PALO ALTO, Calif., HOPKINTON, Mass. — February 7, 2007 EMC Corporation (NYSE:EMC), the world leader in information infrastructure solutions, today announced its intention to sell approximately 10% of VMware via an initial public offering (IPO) of newly issued VMware stock. EMC will retain ownership of the remaining shares of VMware, and has no intention of spinning out or otherwise divesting this ownership interest. VMware is the global leader in software for industry-standard virtualized desktops and servers and is currently a wholly-owned subsidiary of EMC.

"Regardless of the legal speed limit, your Buick must be operated at speeds faster than 85 MPH (140kph)." -- 1987 Buick Grand National owners manual.

Working...