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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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