VMware’s IPO: It finally dawn’s on the tech industry
By Tarry Singh at 18 August, 2007, 1:23 am
The rising demand for virtualization software is expected to generate more than $1 billion in sales for VMware this year, but most analysts believe the biggest moneymaking opportunities still lay ahead.
In a report released Tuesday, Jefferies & Co. analyst Katherine Egbert said VMware appears to be traveling on the same lucrative trajectory as two of the industry’s biggest success stories, Microsoft Corp. and Oracle Corp. Those software makers boast a combined market value of $364 billion 21 years after their IPOs.
VMware’s potential turned its IPO into one of the high-tech industry’s most anticipated since online search leader Google Inc. went public nearly three years ago.
Can you imagine, could even Diane have ever imagned that someday, maybe someday, they would be the one’s to go this high. And also the fact that VMware might just about to be on its way to trounce the current giants!
Very interesting years to come. Even days are keeping us busy! Forbes reporting.
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