VMware Files With SEC
VMware has filed a Form S-1 Registration Statement with the United States SEC relating to the IPO of Class A Common Stock of VMware
April 27, 2007
HOPKINTON, Mass. and PALO ALTO, Calif. -- EMC Corporation (NYSE:EMC), the world leader in information infrastructure solutions, and VMware, Inc., the leading provider of virtualization solutions and an EMC subsidiary, today announced that VMware has filed a Form S-1 Registration Statement with the United States Securities and Exchange Commission relating to the initial public offering (IPO”) of Class A Common Stock of VMware.
VMware will be offering approximately 10% of its Class A Common Stock in the IPO. VMware and EMC expect the IPO will unlock more of VMware’s value for EMC shareholders, as well as strengthen VMware’s ability to attract and retain the software industry’s top talent and reinforce EMC’s commitment to VMware’s strategy of platform neutrality.
Citi, JPMorgan and Lehman Brothers are acting as the representatives of the underwriters and, together with Credit Suisse, Merrill Lynch & Co. and Deutsche Bank Securities will act as joint book-running managers of the offering.
EMC Corp. (NYSE: EMC)
VMware Inc.
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