Intel Buys Stake in EMCâs VMware
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Intel will invest about $219 million for a stake in VMware and a seat on the board of the Silicon Valley software company.
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(InfoWorld) - EMC Corp. will spend US$175 million to acquire security information provider Network Intelligence Corp. The privately held Westwood, Massachusetts, company sells appliances that probe computer networks, providing security and compliance analysis. EMC's latest acquisition, expected to close late Monday, underscores the growing importance of security technology to the storage vendor. Also on Monday, EMC announced that it had completed its $2.1 billion purchase of RSA Security, which will form the basis of a new RSA-branded security division within the company. Former RSA CEO Art Coviello will head up this division, which will absorb the Network Intelligence business unit, EMC said in a statement. Founded in 1996, Network Intelligence has more than 125 employees, according to the company's Web site. With these latest acquisitions, EMC hopes to be able to sell security as part of a broader product portfolio, said Joe Tucci, EMC's chairman, president and chief executive officer. "It's becoming critical that security move beyond a point product solution," he said. Analysts say security companies will find it increasingly difficult to go it alone, with technology giants such as Microsoft Corp., Cisco Systems Inc. and IBM Corp. moving quickly to add security features to their broader product platforms. Just last month, IBM said it would spend $1.3 billion to acquire managed security vendor Internet Security Systems (ISS).ADVERTISEMENTMAKE SOA REAL WITH IBM WEBSPHERE PODCASTStreamline processes and maximize efficiency within a proven service oriented architecture. Take back control of your business processes with IBM WebSphere.
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VMware, the EMC subsidiary whose software lets a computer run multiple operating systems simultaneously in separate &quot;virtual machines,&quot; has grown a step more ambitious.
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EMC announced it will buy Network Intelligence, which produces security event management hardware and software.
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Intel Corp. said Monday it plans to buy a US$218.5 million stake in the software firm VMware Inc., bolstering the companies&#39; existing agreement to run VMware&#39;s virtualization software on Intel&#39;s processors.
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The chip giant has announced plans to buy a developer of digital-media creation software and services.
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77 per cent profit boost EMC saw its stock price leap more than eight per cent today, thanks in part to its 86 per cent stake in the hotter-than-hot virtualization outfit, VMWare.â¦
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(InfoWorld) - Intel will buy Havok, a provider of software and services used by videogame creators and movie special-effects teams, the company said Friday. Havok will become a wholly owned subsidiary of Intel but keep operating its business as usual, according to an Intel press release. It will add to Intel's visual computing and graphics efforts, while continuing to develop products for all computing platforms, the company said. The acquisition will help Havok grow into new market segments, Havok CEO David O'Meara said in a prepared statement. Terms of the deal were not disclosed. Founded in 1998, Havok's helps game developers simulate real world physics in their games, making objects appear to move in a more realistic fashion. The Dublin company's tools have been used on games such as "BioShock," "Halo 2" and "Half Life 2" and movies including "The Matrix," "Troy" and "Charlie and the Chocolate Factory." Founded in Dublin in 1998, the company has operations in San Francisco, Stockholm, Calcutta, Munich, Tokyo and San Antonio, Texas.
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(InfoWorld) - Intel said Monday it plans to buy a $218.5 million stake in the software firm VMware, bolstering the companies' existing agreement to run VMware's virtualization software on Intel's processors. Intel has been selling chips since November 2005 with specialized technology that allows enterprise IT managers to use a VMware application that treats each hardware platform as multiple "virtual" platforms. The companies also cooperate on their marketing and product development strategies. The chip giant will make the purchase through its investment arm, Intel Capital, subject to approval by U.S. antitrust regulators. The purchase will be part ofÂ an IPO, in which VMware plans to sell 10 percent of the company. VMware has not set a date for that sale, but it is expected to happen in the second half of 2007. In addition to purchasing stock, Intel will also gain the power to appoint one of its executives to the VMware board of directors. However, Intel will still hold a minority stake in the company with just 2.5 percent of VMware stock, according to an IPO registration form filed Monday by VMware with the U.S. Securities and Exchange Commission. The majority of VMware stock -- 89 percent -- will be held by EMC, the enterprise data storage company that acquired VMware in January 2004. That investment has paid off well as VMware has grown quickly. VMware revenue rose 82 percent last year, from $387.1 million in 2005 to $703.9 million in 2006. VMware says that growth rate will continueÂ as currently just a small fraction of existing servers and business desktop and notebook PCs use virtualization software. At the same time, many companies use only a portion of their computing power because the latest multicore processors have allowed their processing power to grow faster than workloads. To solve that problem, businesses can use virtualization software to separate the operating system and application software from the underlying hardware. That allows them to combine multiple servers, storage, and networking units into pools of capacity they can allocate to wherever it is needed most, VMware said in the SEC form. Coming so close to VMware's stock offering, Intel's investment is likely to generate greater demand for the new stock, and for the virtualization industry in general, one analyst said. "Intel likes to know it has a more personal stake instead of waiting for market forces to advance the application of virtualization software," said Richard Doherty, research director at The Envisioneering Group. "It's not like that money was gathering dust on their shelf, but Intel's venture arm tends to trigger others to invest in an industry sector too." The purchase also underlines a growing problem for software firms that have historically charged their licensing fees per processor, Doherty said. In this age of quad-core chips and virtualized server networks, that model could spell trouble for enterprise software providers, who could see their customers doing more work with fewer seats of software. By taking a stake in VMware, Intel is indicating that it sees virtualization firms claiming some of that revenue. Also on Monday, VMware launched Lab Manager 2.5, a new version of its lab automation software. IT organizations use the application to efficiently manage their software development and testing labs, save money on IT management and deliver new software applications to market sooner, the company said. In a separate announcement, Borland Software said it would integrate Lab Manager 2.5 with its Lifecycle Quality Management application, SilkCentral Test Manager 2007. Together, those applications will allow software developers to test their applications across multiple configurations using virtual platforms, instead of having to own many separate, physical test labs, Borland said.
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EMC said it planned to sell 10 percent of its fast-growing software subsidiary, VMware, in an initial public offering this summer.
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EMC has picked up System Management Arts Inc. (SMARTS) for $260m in a move that builds out the storage giant&#39;s ever-swelling software portfolio.
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By Hiawatha Bray, The Boston Globe  Feb. 8--EMC Corp. of Hopkinton plans to turn virtual software into real  cash.   The company will sell 10 percent of its California software subsidiary  VMware Inc. in an initial public offering this year.
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DECEMBER 21, 2004  - In a move aimed at bolstering its product line, storage vendor EMC Corp. is buying SMARTS Inc.
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EMC said it has purchased backup software vendor Dantz Development Corp. for less than $50 million in a deal that it hopes will put it in a better position to sell data backup technology in the small-to-medium-size-business market.
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Emcore is picking up some telecommunications technology from Intel for $85 million, as Intel refocuses on its core products.
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- Data storage company EMC Corp.'s  subsidiary, VMware, said it expects its initial public offering to be priced between $23 and $25 per share.
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In a bid to boost its desktop virtualization portfolio, VMware on Tuesday agreed to acquire application-based virtualization vendor Thinstall.The acquisition will boost VMware&#39;s virtualization technology to deploy, update, and manage desktop environments, said Ed Albanese, senior product marketing manager at VMware.Terms of the deal were not disclosed.Formed in 1999, Thinstall develops a platform that delivers applications to clients without the need for preinstalled software. Thinstall packages an application and delivers it to a desktop, where an application operates in its own sandbox, overcoming hardware and OS compatibility issues, Albanese said.It is designed to work with VMware&#39;s Virtual Desktop Infrastructure (VDI), which allows users to access virtual desktops remotely from a traditional PC or thin client.Thinstall employees will be relocated from San Francisco to VMware&#39;s headquarters in Palo Alto, Calif. The deal is expected to close later this quarter, VMware said in a news release.VMware will boost the distribution of VDI and Thinstall technology through its acquisition, also announced Tuesday, of the assets of Foedus, a Portsmouth, N.H., provider of virtualization technologies and services, Albanese said.