VMware will launch its initial public offering of 33 million shares of company stock starting at the opening of trading Aug. 14, the company announced. Since amending its prospectus with the U.S. Securities and Exchange Commission on Aug. 9, speculation has grown that the Palo Alto, Calif., company would launch its IPO this week. VMware […]
Virtualization giant VMware, which is preparing to launch an initial public offering, is now looking to sell its stock to the public for as high as $29 per share, according to an Aug. 9 filing with the U.S. Securities and Exchange Commission. In the filing, which amended the companys prospectus for the IPO, VMware executives […]
Former Dell CEO Kevin Rollins is cashing out. Rollins, who resigned in January when Michael Dell resumed day-to-day control of his company, will receive more than $48 million in cash from his former company, according to an Aug. 8 filing with the Securities and Exchange Commission. The filing with the SEC comes a week after […]
Advanced Micro Devices is offering a new certification for its server platform that will support Novells SUSE Linux Enterprise Server, the chip maker announced Aug. 8 at the LinuxWorld conference in San Francisco. The agreement will allow the Sunnyvale, Calif., chip makers system builders and other channel partners to carry Novells “YES Certified” label, which […]
In the weeks leading up to the debut of its quad-core Opteron processor, Advanced Micro Devices has released several dual-core models that offer clock speeds of 3GHz. Starting Aug. 6, AMD will offer two dual-core Opterons—the 8222 and the 2222—each with a clock speed of 3GHz. Both of these processors offer up to 2MB of […]
Sun Hoping Niagra 2 Falls into Place”> Sun Microsystems, which has fought to win back both its financial and technological mantel, is taking the next step in its microprocessor business Aug. 7 with the debut of the latest UltraSPARC chip. The UltraSPARC T2, also known as Niagara 2, has the same number of cores—up to […]
MENLO PARK, Calif.—Now that Sun Microsystems has unveiled what it says is the worlds fastest microprocessor the company is looking for an audience to buy this multicore, multithreaded chip. For Jonathan Schwartz, Suns CEO and president, the company is planning on marketing the UltraSPARC T2 in two ways. First, it is positioning the UltraSPARC T2 […]
IBM is preparing for a Martian invasion of its own. When NASA launches its new Phoenix Mars Lander Aug. 4, it will use an onboard BAE Systems computer that is based on IBMs Power Architecture, according to the IT giant, based in Armonk, N.Y. When it lands on Mars, the Phoenix will steer its way […]
Dell is buying ASAP Software for $340 million in a move that will help boost the PC makers software offerings, the two companies announced Aug. 2. The acquisition of ASAP will allow Dell, of Round Rock, Texas, to offer its enterprise customers additional management tools and services for monitoring software licensing, purchasing, renewals and compliance. […]
VMwares Fusion software for Apples Macintosh will hit the market Aug. 6, after months of testing and beta releases. The software, which allows a number of operating systems including Microsoft Windows, Linux and Sun Microsystems Solaris to run on the Mac, has had a total of 250,000 downloads since the Palo Alto, Calif., company released […]