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Venture Capital
by tj on December 18, 2003
Some months ago I wrote first time about Vmware. Now the company's directors agreed to an offer from EMC worth $ 635 million. The company received an investment from Veritas worth $5 million and $20 million in a round led by Dell in 2000. Microsoft also tried to negotiate an acquisition of vmware a while ago, but VMWare turned down the offer.
Thanks Tobias for helping me to correct the wrong investment figures!
Thanks Tobias for helping me to correct the wrong investment figures!
Permalink: EMC buys VMWare
Trackback: http://publish.creative-weblogging.com/publish/mt-tb.pl/552
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Vote for EMC buys VMWare:
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Rating: 8.00 out of 1 vote(s) cast.
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Response from:
Tobias
(12/18/03 3:28pm)
Veritas? I've blogged about this earlier; they got $20 million in 2000. But it's another very remarkable exit in the software space.
Response from:
TJ
(12/18/03 4:11pm)
Thanks! I was not aware of this investment round. Do you have figures about valuations at that point of time?
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