VMware IPO

Written on 12:47 PM by Tushar

I got to work today at 6am to join another 1000 VMware employees for the IPO gathering. The event was a wonderful opportunity to see VMware ring the opening bell at the NYSE, the very first trade of "VMW", a very sumptuous hot breakfast, a bevy of espresso drinks, a toast to VMware's future!

As I was guessing earlier the IPO was a no-brainer! VMware stock was launched at $51.06 which was 76% higher than the list price! According to Bloomberg ,‘The initial public offering was the largest technology sale since Google Inc.'s three years ago.’ Read a live diary describing the exciting events that took place during the first hour of trading.

People have already started talking in terms of the "next VMware" instead of the "next Google".While talking about IPO of Classmates.com IPO, the columnist says, "So can Classmates be the next Google (GOOG), or for that matter, the next VMWare (VMW), the storage software maker that surged nearly 80 percent out of the gate in its market debut Tuesday?"

Proud to be a part of VMware! Cheers!

Posted in vmware

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