VMware Takes Stock Exchange by Storm
VMware, a subsidiary of EMC which focuses on virtualization solutions, has gotten off to a flying start on the New York Stock Exchange.
At the end of the first day's trading, VMware shares had reached a price of US$ 53 on Nasdaq, way above the issue price of US$ 29. The securities went up again on the second day's trading, peaking at over US$ 57.
EMC is only floating about ten percent of VMware's share capital and thus keeping the absolute majority. According to statements by EMC prior to going public, there are no plans to offer more shares.
EMC CEO Joe Tucci will be investing capitalization revenue in the subsidiary. VMware shares were extremely popular before going public. Chip giant Intel and network specialist Cisco both invested three figure million dollar sums in VMware.
Issue 234/2020
Buy this issue as a PDF
News
-
System76 is Developing a New Keyboard
The company behind the incredibly powerful Thelio desktop is developing a new keyboard.
-
Zorin OS 15.2 Now Available
The latest release of Zorin OS offers numerous improvements.
-
Firefox to Get an Additional Sandbox Layer
Starting with Firefox 74, the open source web browser will include the new RLBox security feature.
-
Microsoft Defender ATP is Coming to Linux
Microsoft is ramping up its efforts to fight attackers across all platforms.
-
South Korean Government Considers Move to Linux Desktop
Seoul Mulls Migrating from Windows to Linux.
-
OpenSSH Now Supports FIDO/U2F Security Keys
SSH users can now add FIDO/U2F to the list of supported multi-factor authentication tools.
-
System76 Launches New AMD Threadripper Machine
System76 has added an AMD Threadripper option for their Thelio desktop lineup.
-
LibreOffice 6.4 Released
The unofficial office suite for the Linux platform has performance in mind for users.
-
Official Evernote Client Coming to Linux
The most widely-used note-taking app is coming to Linux.
-
Thanks to Linux, Google and Valve are Bringing Steam to Chromebooks
In yet another win for desktop Linux, Google and Steam are about to up the Chromebook gaming field.