Saturday, February 10, 2007

EMC to spin off part of VMware in IPO

EMC's CEO is probably getting pressure from shareholders to get the share price up from where it is right now and he's parting with a very valuable asset (or fraction of). I'm very impressed with what VMware has achieved in a very short period of time. In a few years, they (and their competition) have made virtualization a top priority for all IT managers.