Intel To Cut Its VMware Stake
Intel To Cut Its VMware Stake
Intel Corp is cutting its stake in business software maker VMware Inc in half. As per Indiatimes, Intel has recently sold one million shares in the virtualization software maker and plans to sell another 3.75 million VMware shares on the open market "approximately". The sales amount to 4.75 million of the 9.5 million shares that Intel bought in VMware in July 2007.