Thursday, November 06, 2008

Intel cuts VMware stake in half | Latest Business Tech News - CNET News

See the full article for more details

Intel is reducing its stake in virtualization software maker VMware by half, putting millions of shares on the open market and selling 1 million shares to Cisco and EMC.

The company disclosed in a regulatory filing that, beginning Tuesday, it would place 3.75 million of its VMware shares on the market, although it said the exact timing was subject to change.

Tangent: I suspect we’ll see more speculation about a possible Cisco/EMC merger soon

Intel cuts VMware stake in half | Latest Business Tech News - CNET News

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