Intel continues to sell VMware shares

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In July 2007, when VMware was preparing its IPO, one of the most impressive in the IT industry history, Intel invested $218.5 million in the virtualization vendor.

What happened after that between the two companies is a secret.
The VMware co-founder and former CEO, Diane Greene, may have tried to sell her creature to Intel just under the EMC nose, and eventually failed.
What is known is that Intel is now it’s getting rid of its VMW shares.

In November the chipmaker announced the intention to sell 3.75 million shares.
500,000 of them were sold the same month to Cisco.
Now another 967,398 share are sold for a value of over $23 million.