Intel Invests $218M in VMWare, Preparing for IPO

RulerOf writes "TechNewsWorld is carrying an article detailing that Intel has made an investment in VMWare for $218.5 million in anticipation of VMWare's imminent IPO. With an expected value of $23-25 a share, VMWare's IPO shows a value of $950 million. This investment brings Intel to an approximately 13% ownership of the EMC subsidiary, and helps to strengthen ties between the two companies. According to the article, 'VMware's virtualization platform runs on Intel architecture and most deployments of the tools are on systems using Intel chips.'"

Comments

Re:What does this hold for AMD

[WIAKywbfatw]

VMWare has always been targeting the Linux and Windows server markets. Abandoning AMD would be a shotgun to the foot.

If history has taught us one thing it's that you should never underestimate the ability of companies to shoot themselves in the foot.