EMC buys back $9.1M of VMware shares

Posted by Alessandro Perilli   |   Friday, April 16th, 2010   |  

vmware logo

When VMware launched its stellar IPO in August 2007, many suggested that its parent company EMC may sell the virtualization vendor.
But over the years EMC reiterated multiple times that it has no intention to do so and that it would continue to keep around 80% of the ownership.

Quite the opposite, the company is buying back VMware stocks: TheStreet in fact just informed that EMC bought back 160,000 VMW shares, equal to approximately $9.1M.


Labels: ,

blog comments powered by Disqus


virtualization.info Newest articles
Release: Virtual Computer NxTop 3.0

September 6th, 2010

Earlier this week the US startup Virtual Computer announced the availability of NxTop 3.0.Like Neocleus (just acquired by Intel), Virtual Computer pioneered the use of a client hypervisor to enhance…

Release: VMTurbo Monitor 1.0 and Host Reporter 1.0

September 6th, 2010

VMTurbo is a new virtualization startup that left the stealth mode in April. The company’s technologies was previewed in July, but only last week the actual products were announced and released….

Release: Embotics V-Commander 3.6

September 6th, 2010

Last week the Canadian startup Embotics released version 3.6 of its VM lifecycle management solution V-Commander. Version 3.0 went out almost exactly one year ago, without groundbreaking new features. But this…

Release: RingCube vDesk 3.1

September 5th, 2010

Earlier this week RingCube announced the availability of its platform wrapper vDesk 3.1.
vDesk, the enterprise version of MojoPac launched in March, features an interesting hybrid architecture which doesn’t use hardware…

Release: PHD Virtual Backup for Citrix XenServer 1.0

September 5th, 2010

In the last four years PHD Virtual (formerly PHD Technologies) has been solely focused on the VMware market, competing with larger companies like Quest/Vizioncore and Veeam. But in early 2010…

Neverfail renews its OEM license with VMware, releases vAppHA update

September 5th, 2010

In March 2009, VMware signed an agreement with Neverfail to use its technology for vCenter fail-over.Called vCenter Server Heartbeat, the product impacted the business of other VMware’s partners, including Double-Take,…

Release: Spoon Virtual Application Studio 2011

September 5th, 2010

Earlier this week the application virtualization startup Spoon (formerly XenoCode) released the new major version of its platform: Studio 2011.
The new version primarily introduces support for 64bit virtualized applications,…

Release: SolarWinds VM Console 1.0

September 5th, 2010

Last week the network monitoring and management company SolarWinds announced its second free tool for VMware administrators: VM Console.
The first one, VM Monitor, monitors ESX hosts health, providing statistics…

Parallels quietly releases Desktop 6 – UPDATED

September 5th, 2010

jWhile most of the virtualization vendors in the industry rushed to announce something before or during the just ended VMworld conference, a few companies remained absolutely silent. Among them there…

Intel acquires Neocleus

September 3rd, 2010

Intel is definitively building something. The chipmaker is shopping, and shopping quickly, in the software market with a primary focus on security. At least for now.
Just a couple of…

Live from VMworld 2010: Day 4

September 2nd, 2010

VMworld 2010 is at its last day and VMware decided to place the second keynote today. The second keynote is usually more technical than the first one, but as virtualization.info…

Live from VMworld 2010: Day 2

August 31st, 2010

Here we go again. As usual virtualization.info is at the VMworld conference to live cover the keynotes and any other major announcement released by VMware during the event.
Paul Maritz,…

VMware renames vCloud Service Director, bundles it with vCenter Chargeback and vShield Edge

August 30th, 2010

Just before the VMworld 2010 opening keynote, cloudcomputing.info received a couple of confirmations that VMware is about to rename its not-yet-launched vCloud Service Director (vCSD) in just vCloud Director. This…

Citrix XenClient 1.0 to be available at the end of September – UPDATED

August 30th, 2010

In the attempt to distract the audience just before the VMware VMworld 2010 opening keynote, Citrix announced last week the imminent availability of XenClient 1.0.
The Xen-based client hypervisor (see…

 
Monthly Archive