All Posts Tagged With: "finance"
Another Day, Another Funding Deal: VirtenSys Raises 8.1 Million Euro
UK-based virtualization company VirtenSys has secured a Series B funding round to the tune of € 8.1 million (USD 12 million).
31Jan2008 | Robin Wauters | 0 comments | ContinuedVMWare Misses Analysts’ Estimates: While Revenues Go Up, Stock Goes Down
Yesterday, VMware reported quarterly revenue that fell short of Wall Street expectations and forecast a slowdown in sales growth, sending its shares down more than 26 %.
The highlights from the official announcement :
Total revenues for the fourth quarter were $412 million, an increase of 80% compared to the year-ago quarter.
GAAP operating income for the fourth [...]
VMWare surge puts virtualization in the spotlight
VMWare’s stock soared on its first day of trading yesterday, giving the company a market value upward of $10 billion, showing that virtual machines are starting to add up to real dollars.
Virtual machines, the technology that VMWare helped pioneer, allow one computer to act as many, whether it’s a Mac running Windows and the Mac [...]
