EMC buys VMWare
Filed in archive Venture Capital 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!
Permalink: EMC buys VMWare
Tags: vmware 2003 entrepreneurship venture technology buys+vmware venture+capital december+2003
Vote for EMC buys VMWare:
|
Rating: 8.00 out of 1 vote(s) cast.
|
Response from:
Tobias
(12/18/03 8:28am)
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 9:11am)
blog comments powered by Disqus
Thanks! I was not aware of this investment round. Do you have figures about valuations at that point of time?
| RSS |  |
 | |
| Yahoo! |
|
| Addthis |
|
| Bloglines |
|
Most Popular
Airline Loyalty Programs
Creative Weblogging
Entrepreneurship
Events
Global Economy
Hotel Loyalty Programs
Politics
Technology
Venture Capital