VMware Takes Stock Exchange by Storm
VMware, a subsidiary of EMC which focuses on virtualization solutions, has gotten off to a flying start on the New York Stock Exchange.
At the end of the first day's trading, VMware shares had reached a price of US$ 53 on Nasdaq, way above the issue price of US$ 29. The securities went up again on the second day's trading, peaking at over US$ 57.
EMC is only floating about ten percent of VMware's share capital and thus keeping the absolute majority. According to statements by EMC prior to going public, there are no plans to offer more shares.
EMC CEO Joe Tucci will be investing capitalization revenue in the subsidiary. VMware shares were extremely popular before going public. Chip giant Intel and network specialist Cisco both invested three figure million dollar sums in VMware.
Issue 14: Raspberry Pi Handbook/Special Editions
Tag Cloud
News
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SCO Rises from the Swamp
Longtime litigator revives an ancient suit against IBM alleging Linux infringes on Unix copyrights.
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UberStudent Project Releases UberStudent 3.0
Specialty distro keeps the focus on advanced learning.
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openSUSE Conference Approaches
The openSUSE Conference will be held July 18-22, 2013, at the Olympic Museum in Thessaloniki, Greece.
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Drupal.org Hacked
Security breached at home sites of the CMS project.
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Oracle Takes Action on Java Security
Lead Java developer vows policy changes and more attention to fixing problems.
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Google and NASA Partner in Quantum Computing Project
Vendor D-Wave scores big with a sale to NASA's Quantum Intelligence Lab.
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Mageia Project Announces Mageia 3 Linux
Many package updates and Steam integration highlight the latest from the Mandriva-based community Linux.
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FSF Outs the World Wide Web Consortium over DRM Proposal
Richard Stallman calls for the W3C to remain independent of vendor interests.
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Debian 7.0 Debuts
The new release supports nine architectures, 73 human languages, and zero non-Free components.
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Alpha Version of Fedora 19 Released
Fedora developers release the first alpha version of Fedora 19, known as Schrödinger’s Cat, for general testing. The final release is expected in July 2013.