[NTLUG:Discuss] Crazy world of acquisitions lately

Greg Edwards greg at nas-inet.com
Sat Dec 20 11:26:35 CST 2003


Vaidya, Harshal (Cognizant) wrote:
> This reminds me that VMWare is taken over by Storage giant EMC, indeed a very strategic move by EMC. 
> I cant remember the site i read that on ,maybe it was Zdnetindia, not so  sure though. But I'll post the link as soon as I get it.
> 

I got this from VMware on Thurs.


=======================================================

Dear VMware Workstation Customer,

VMware has taken a decisive and major step to accelerate our growth
and increase our ability to meet your needs and ongoing requests. In
the next few weeks, VMware will formally become a subsidiary of EMC,
the world leader in storage technologies with revenues last year of
over $5B. EMC is boldly building a major presence in open software and
we will be a significant part of that expansion. The press release
announcing the acquisition can be found at:

http://www.emc.com/news/press_releases/viewUS.jsp?id=1970

VMware's technology has been embraced by you -- our Workstation users
-- as an incredibly innovative and useful technology on the desktop.
No one is even close to our ability to provide virtualization on
industry standard desktops.

EMC is acquiring VMware for our capabilities to develop, market, sell
and support our products, and we will operate as a standalone business
unit going forward. VMware Workstation will continue to be
enhanced. The roadmap for all our current products remains unchanged.
Plans for future versions of VMware Workstation are moving forward
aggressively.  Likewise, support and subscription contracts will
remain unaffected.

You have played an important role in building VMware to the great
company that we are today, many thanks for all you have done on our
behalf. We now will enter an accelerated phase of our growth,
something that our technologies and products deserve and merit. We
have chosen to do this with one of the world's biggest and most
respected technology companies and also a company with which we share
many customers, complementary technologies, and a vision of where we
can take our products as an open software company.

Diane Greene
President VMware

====================================================================


-- 
Greg Edwards
New Age Software, Inc. - http://www.nas-inet.com
======================================================
Galactic Outlaw        - http://goutlaw.nas-inet.com
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