Intel Capital to Invest US$218.5 Million in VMWare

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Date: Monday, July 9th, 2007, 09:34
Category: Finance

vmwarelogo.jpg
In other news, Intel Capital, Intel’s investment wing, has announced that it will invest US$218.5 million in emulation software make VMWare.
The investment will occur within VMWare’s Class A common stock, which is subject to customary regulatory approval.
According to Macworld News, this will allow Intel Capital to own about 2.5% of VMWare’s outstanding common stock and an Intel executive is expected to be appointed to VMWare’s board of directors in return.
VMWare is currently nearing an official release of its Fusion emulation software for the Mac OS X platform. The software will retail for US$79.99 and is currently being offered at a pre-order price of US$39.99. Additional details regarding the current beta, which entered final candidate status last week, can be found here.


vmwarelogo.jpg
In other news, Intel Capital, Intel’s investment wing, has announced that it will invest US$218.5 million in emulation software make VMWare.
The investment will occur within VMWare’s Class A common stock, which is subject to customary regulatory approval.
According to Macworld News, this will allow Intel Capital to own about 2.5% of VMWare’s outstanding common stock and an Intel executive is expected to be appointed to VMWare’s board of directors in return.
VMWare is currently nearing an official release of its Fusion emulation software for the Mac OS X platform. The software will retail for US$79.99 and is currently being offered at a pre-order price of US$39.99. Additional details regarding the current beta, which entered final candidate status last week, can be found here.

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