VMware Snaps Up Swiss Software Suite, Sees Stock Swell

Published: September 11, 2007, 3:48 pm

Tags: kendall square blog, virtualization, software, stocks

Virtualization, Software, Stocks Wade Roush wrote:Stock in VMware (NYSE: VMW), the skyrocketing subsidiary of Hopkinton-based storage-systems giant EMC (NYSE: EMC), blew past analysts’ expected ceiling today after the company announced the acquisition of Dunes Technologies, a Swiss startup that makes software that automates the management of virtualized computing systems. VMware stock briefly peaked at about $82 per share—well above the $60 to $75 target price expected by firms such as Thomson Financial—before settling back down to the $79 range by mid-afternoon, up about 3 percent since the market opening. Dunes Technologies was founded in 2001 and is headquartered in Lausanne, Switzerland, with offices in Stamford, CT. The company sells software that makes it easier to manage computer systems that have been virtualized using software from VMware and other companies. Virtualization makes servers more efficient by dividing them into multiple virtual machines

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