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In 2 months Cisco's $150 million VMware investment has more than tripled in value to $510 million

By Brad Reese on Fri, 09/28/07 - 4:23am.

VMware Stock Chart

Ned HooperOnly 2 months have passed since my blog on Cisco's $150 million investment to buy a 1.6% stake in VMware.

Well in that short time span, Cisco's $150 million VMware investment has tripled in value to $510 million.

VMware total revenues in the 2007 first half grew 95% to $555.5 million from $285.5 million in 2006.

VMware 2007 first half net income grew 111% to $75.3 million from $35.7 million in 2006.

Ned Hooper - senior vice president corporate development at Cisco, is showing a keen knack for successful investment in disruptive technologies.

How much of a threat do you believe VMware will become to Cisco?

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