With the resources and commitment of EMC behind VMware's leading server virtualization technologies and the partnerships that help bring these technologies to market, we look forward to a prosperous future together."ĭiane Greene, VMware President and CEO, said, "This combination is a natural fit. "We've been working with the talented VMware team for some time now," Tucci continued, "and we understand why they are considered one of the hottest technology companies anywhere. Today, EMC is accelerating the convergence of these two worlds." Until now, server and storage virtualization have existed as disparate entities. Joe Tucci, EMC President and CEO, said, "Customers want help simplifying the management of their IT infrastructures. These "virtual machines" integrate seamlessly into existing physical infrastructures and management frameworks, allowing users to see resources as if they were dedicated to them, while administrators manage and optimize those resources globally across the enterprise. VMware's technology enables multiple operating systems - including Microsoft Windows, Linux and NetWare - to run simultaneously and independently on the same industry-standard server or workstation and dynamically move live applications across systems with no business disruption. EMC expects VMware's leadership in server virtualization, together with EMC's innovation in storage virtualization, will serve as a strong foundation for next-generation information lifecycle management solutions. This "Virtual Information Infrastructure" will enable organizations to dynamically configure and reconfigure their compute and storage environments with no downtime as their business needs change. ![]() The acquisition of VMware will play a key role in EMC's strategy to help customers lower their costs and simplify their operations by deploying virtualization technologies across their heterogeneous IT infrastructure to create a single pool of available storage and computing resources. The acquisition is subject to customary closing conditions and regulatory approvals, and is expected to be completed early in the first quarter of 2004. 15, 2003-EMC Corporation (NYSE: EMC), the world leader in information storage and management, today announced that it has signed a definitive agreement to acquire Palo Alto-based VMware, Inc., a rapidly growing, privately held software company and the world leader in industry-standard virtual computing software, in a cash transaction valued at approximately $635 million. ![]() EMC to Acquire VMware, Advancing Convergence of Server and Storage Virtualization
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