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

[ZachMG]

considering that with bootcamp the mac people don't need it anymore that means that its market base will move away from the intel macs and more into the windows base, so ya that would suck monkey balls