Intel Invests $218M in VMWare, Preparing for IPO

Posted by Zonk on Thursday July 12, 2007 @06:31AM from the hey-there-little-buddy dept.

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.'"

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Re:What does this hold for AMD by Constantine+XVI · 2007-07-12 06:49 · Score: 3, Insightful

Well, considering that VMWare has been rushing to put together a Mac VMWare long since Bootcamp came out...
VMWare has always been targeting the Linux and Windows server markets. Abandoning AMD would be a shotgun to the foot.

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