Intel Capital and VMware have announced that the processor manufacturer will invest $218.5 million in the software virtualization company. With its new investment in VMware, Intel extends its longtime relationship with the EMC unit. In an announcement, Intel and VMware said: "VMware's base virtualization platform virtualizes the Intel architecture. Intel microprocessors comprise the majority of the systems on which VMware's virtualization products are deployed." As well, the lead underwriters, Citigroup Global Markets, JP Morgan Securities, and Lehman Brothers, are preparing to launch the much-anticipated IPO for EMC's VMware subsidiary. At the completion of the IPO, Intel expects to own about 2.5% of VMware's total outstanding common stock, and Intel expects to appoint an executive to VMware's board of directors.
News source: InformationWeek
News source: InformationWeek
who said vmware wasn't for profit? it just gets a LOT worse when you IPO
http://en.wikipedia.org/wiki/IPO
The board will probably make a huge scene if Intel wants to exclude AMD's virtualization technology from VMware.
I wonder which is the best.
If Intel get their will through, then the costumers will make a huge scene.
I don't think that VMware only will favor Intel's processors, since that will give away marketshare to other virtualization products.
;-)
;-)
If anyone should be worried about this it's MS.
I see this as the glass half full....
http://technobuddy.blogspot.com
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