Saturday, May 07, 2016
Search
  
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
U.S. ITC To Probe Smartphone Vendors
Facebook Loses Suit Over Storing Biometric Data
Apple and SAP to Develop Business Apps For iPhone And iPad
Upgrading To Windows 10 Will Cost $119 After July
Amazon To Take Stake In Cargo Airline
HTC Sets Up New Company
Samsung 4K Blu-ray Player Gets UHD Alliance Certification
Google, Fiat Chrysler To Work Together On Self-driving Vehicles
Active Discussions
Which of these DVD media are the best, most durable?
How to back up a PS2 DL game
Copy a protected DVD?
roxio issues with xp pro
Help make DVDInfoPro better with dvdinfomantis!!!
menu making
Optiarc AD-7260S review
cdrw trouble
 Home > News > General Computing > VMware ...
Last 7 Days News : SU MO TU WE TH FR SA All News

Tuesday, July 10, 2007
VMware And Intel Capital Announce Investment


VMware today announced that Intel, through its global investment arm, Intel Capital has agreed to become an investor in VMware.

Intel Capital will invest $218.5 million in VMware's Class A common stock subject to customary regulatory and other closing conditions including Hart-Scott-Rodino (HSR) review. At the completion of VMware's planned initial public offering and upon closing of the investment, Intel will own approximately 2.5 percent of VMware's total outstanding common stock (less than one percent of the combined voting power of VMware's outstanding common stock). Pursuant to the investment, an Intel executive is expected to be appointed to the VMware Board of Directors.

Intel's investment is intended to foster strengthened inter-company collaboration towards accelerating VMware virtualization product adoption on Intel architecture and reinforcing the value of virtualization technology for customers.

In addition, VMware and Intel have entered into a routine and customary collaboration partnering agreement that expresses their intent to continue to expand their cooperative efforts around joint development, marketing and industry initiatives.


Previous
Next
Atmel Unveils New Laser Diode Driver Supporting HD-DVD, Blu-ray, DVD and CD Formats        All News        Last.fm Announces Global Partnership With SONY BMG
Microsoft Releases Security Updates For Windows     General Computing News      Last.fm Announces Global Partnership With SONY BMG

Get RSS feed Easy Print E-Mail this Message

Related News
Brian Krzanich Outlines Intel's Future Strategy
Microsoft Positions Windows 10 As A Platform for the Intelligence Revolution
Intel To Axe 12,000 Jobs, Focuses On Cloud And Smart, Connected Computing Devicess
Intel Outlines Next Generation of Experiences At 2016 Intel Developers Forum Shenzhen
Intel Packs Altera Arria 10 FPGAs With Xeon E5-2600 v4 Processors
Intel Senior Executives Leaving Company
Intel Introduces Xeon Processor E5-2600 v4 And Its First 3D NAND SSDs
Chinese AI Team To Challenge Google's AlphaGo
Intel To Break From Typical Two-year CPU Release Cycle
New Intel NUC "Skull Canyon" Comes To Change the Game
Google Artificial Intelligence Program Wins Final Game In Go Tournament
Google's AlphaGo AI Machine Defeated in Fourth Game

Most Popular News
 
Home | News | All News | Reviews | Articles | Guides | Download | Expert Area | Forum | Site Info
Site best viewed at 1024x768+ - CDRINFO.COM 1998-2016 - All rights reserved -
Privacy policy - Contact Us .