EMC on Monday announced plans to buy Palo Alto, Calif., software company VMWare, a move that further strengthens EMC’s growing software portfolio.EMC on Monday announced plans to buy Palo Alto, Calif., software company VMWare, a move that further strengthens EMC’s growing software portfolio.The $635 million cash transaction is expected to be completed in the first quarter of 2004, around the same time that EMC is expected to close its $1.7 billion acquisition of content management software company, Documentum.VMWare makes virtualization software that allows users to run multiple operating systems on the same machine. The company has had some success selling its software to companies looking to consolidate several different applications onto the same physical machine, and has, of late, focused on developing management capabilities for its software.The focus on systems management, apparently, caught EMC’s attention. Earlier this year EMC acquired storage management software company Legato, in a stock transaction valued at $1.3 billion. After the acquisition VMWare will continue to operate out of its Palo Alto offices, as a subsidiary of EMC, the company said in a statement. Related content how-to Doing tricks on the Linux command line Linux tricks can make even the more complicated Linux commands easier, more fun and more rewarding. By Sandra Henry-Stocker Dec 08, 2023 5 mins Linux news TSMC bets on AI chips for revival of growth in semiconductor demand Executives at the chip manufacturer are still optimistic about the revenue potential of AI, as Nvidia and its partners say new GPUs have a lead time of up to 52 weeks. By Sam Reynolds Dec 08, 2023 3 mins CPUs and Processors Technology Industry news End of road for VMware’s end-user computing and security units: Broadcom Broadcom is refocusing VMWare on creating private and hybrid cloud environments for large enterprises and divesting its non-core assets. By Sam Reynolds Dec 08, 2023 3 mins Mergers and Acquisitions news analysis IBM cloud service aims to deliver secure, multicloud connectivity IBM Hybrid Cloud Mesh is a multicloud networking service that includes IT discovery, security, monitoring and traffic-engineering capabilities. By Michael Cooney Dec 07, 2023 3 mins Network Security Network Security Network Security Podcasts Videos Resources Events NEWSLETTERS Newsletter Promo Module Test Description for newsletter promo module. Please enter a valid email address Subscribe