Bladewatch.com

http://www.pcmag.com/article2/0,1895,2163992,00.asp

VMware, on the eve of its highly anticipated initial public offering, finds itself with a new partner and investor—Cisco Systems.

On July 27, the two companies announced that Cisco will invest $150 million in VMware and receive about 1.6 percent of the virtualization vendor’s common stock. The investment also means that VMware will appoint a Cisco executive to its board of directors after the IPO is formally announced later this year.

The Cisco investment follows a similar move by Intel, which announced on July 9 that it would invest $200 million in the company and also have an representative sit on VMware’s board.

Very interesting and good news for VMWare, hopefully this will further improve virtualization as a platform, a business enabler, which has to be a good thing, do check out the article.

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