VMware achieved the Common Criteria Evaluation Assurance Level (EAL) 4+ for VI3 last year. Even before that the company submitted VI3.5 to the EWA Canada test lab to obtain the same level.
Now that vSphere 4.0 is out, VMware is of course trying to get a third EAL4+ rating for its new platform.
As virtualization.info already wrote in the past the certification is valuable as long as the submitted Protection Profile is a meaningful reference model.
This is the PP that VMware submitted to earn the VI3 EAL4+ certification.
The company expects that vSphere 4.0 earns the EAL4+ rating by H2 2010.