VMware lands Cisco as investor

July 27, 2007

Cisco Systems said Friday it will invest $150 million in VMware, joining Intel as a strategic investor.
After the investment Cisco will own 1.6 percent of VMware’s outstanding shares. VMware will also consider appointing a Cisco executive to its board in the future.
Like Intel, Cisco is strengthening its ties to VMware, which is a key partner […]