Cisco ups its stake in VMware

Cisco increased its equity stake in VMware to the tune of $13.3 million. The 500 shares of VMware Class A

common stock are being purchased from Intel, and will help to increase Cisco's equity share of VMware to 1.7%. Cisco CEO John Chambers in June said Cisco was not interesting in owning VMware, which is 84% owned by EMC. Chambers said Cisco's ideal acquisition is 100 engineers with a product just about to come to market. Cisco originally acquired a 1.6% equity stake in VMware in July 2007 for $150 million.

* Cisco Subnet is giving away 15 copies of VMWare ESX Server in the Enterprise: Planning and Securing Virtualization Servers by virtualization expert Edward L. Haletky. Go here for entry details, here for a sneak peek of the book, and here to read Edward's blog written exclusively for Cisco Subnet.

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Jim Duffy has been covering technology for over 28 years, 23 at Network World. He covers enterprise networking infrastructure, including routers and switches. He also writes The Cisco Connection blog and can be reached on Twitter @Jim_Duffy and at jduffy@nww.com.

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