VMware (NYSE: VMW) is out with news that it is making another acquisition this morning. The virtualization leader is acquiring desktop virtualization provider THINSTAL, which it calls a best of breed agentless application virtualization provider for desktop environments.
Thinstall was founded in 1999 and is used by more than 600 customers in government and commercial industries. Thinstall customers have deployed thousands of virtualized applications to over a million desktops around the world, according to VMware’s note. VMware said this deal is expected to close in this current quarter, but as THINSTALL is a private company it is not disclosing the financial terms of the acquisition.
Note that last night Jim Cramer came out on CNBC with the news that he was calling EMC Corp. (NYSE: EMC) as one of the overlooked and/or oversold tech stocks. Part of the reason was the implied $26 Billion it still holds as majority owner of VMware.
Jon C. Ogg
January 15, 2008
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