EMC buys additional $6.2M of VMware shares

While VMware continues to morph its corporate mission by acquiring more companies in the SaaS and PaaS cloud computing markets and continues to change its leadership team, its stock performance continues to improve.

This is what happened in the last two years, starting mid June 2008, just two weeks before Paul Maritz replaced Diane Greene as CEO of the company and VMware started to expand in completely new markets:

VMW_June2008_June2010

EMC continues to own about 80% of the company and from time to time buys additional shares to keep its control at that level.

It seems the case for the last investment: EMC bought 90,000 VMW shares, equal to $6.2M, as reported by TheStreet.
In April EMC bought 160,000 VMW shares, equal to $9.1M.