VMware Acquires Portion of EMC's Software Business

By ServerWatch Staff (Send Email)
Posted Mar 1, 2010


VMware certainly takes top honors for what is one of the strangest acquisitions so far this year. The company, which is owned by EMC, is buying a portion of EMC's software business to acquire several software product lines from EMC's Ionix IT management business. According to the report on BusinessWeek, EMC and VMware revealed the Ionix news in a press release that treated the deal as if it were a standard transaction, not mentioning the fact that EMC is VMware's majority owner.


VMware is paying up to $200 million to its parent company, EMC, to acquire several software product lines.

"VMware is paying up to $200 million to parent company EMC to acquire several software product lines from EMC's Ionix IT management business, in a move that may be indicative of growing integrations between the two companies. EMC purchased VMware in 2004 and has largely allowed it to be run as an independent entity, but their relationship has been a source of friction."

Read the Full Story at BusinessWeek

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