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.
 Only 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?
- About Brad Reese on Cisco
Brad Reese cofounded BradReese.Com Cisco Refurbished, which enables affordable Cisco networks globally by assuring customer satisfaction with guaranteed one year warranties on both Cisco Repair as well as Refurbished Cisco.
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