EMC will hold 90% VMware stake for at least 2 years

Quoting from Reuters:

Computer data storage company EMC Corp. does not plan to reduce its stake in its VMWare subsidiary for at least two years after an upcoming initial public offering, Chief Financial Officer David Goulden said on Wednesday.

EMC’s April filing with the U.S. Securities and Exchange Commission said the IPO would raise up to $100 million…

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