EMC Buys VMWare; Forget The IPO

from the anyone-else-left-to-buy dept

EMC is going acquisition crazy. They recently bought Documentum and Legato, and today made the somewhat surprising announcement that they are buying VMWare. It had seemed that the earlier deals were sort of desperation plays between large companies who were finding their business models smoked out from under them. This deal, however, is quite a bit different. VMWare is a Silicon Valley darling that was expected to go public early next year - and was considered one of the bright spots for the potential IPO class of 2004. Apparently, once the offer was on the table, they believed it was better to take what was in front of them. It will be interesting to see what EMC does with VMWare - as it's a bit far out of their usual business areas. However, if anything, this is a bad sign for those who believe that the IPO market is back.


Reader Comments (rss)

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  •  
    identicon
    Redmond, Dec 15th, 2003 @ 3:05pm

    EMC Buys VMWare; Forget The IPO

    >However, if anything, this is a bad sign for >those who believe that the IPO market is back.

    Rather...EMC bought now because they think it will be more expensive later when the IPO market is back.

    red

     

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  •  
    identicon
    Anonymous Coward, Dec 15th, 2003 @ 5:13pm

    No Subject Given

    Interestingly, the article positions VMWare as 'server software'. You can use it that way, but I suspect that other uses, such as software testing, are more common.

     

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  •  
    identicon
    Anonymous Coward, Dec 15th, 2003 @ 5:55pm

    Holy Samoly

    That's alot of $$$

     

    reply to this | link to this | view in chronology ]


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