Cisco Systems said it will pay $150 million for a small stake in a virtualization software company called VMware, which operates as a unit of storage giant EMC.
Cisco's stake in the company will be about 1.6 percent. VMware is the leader in what is turning out to be a hot market. The division makes software that allows a computer or server to function as if it were several. The software emulates features of a computer, which makes it easier to run multiple operating systems and applications on a single machine. Companies benefit because the software allows them … Read more