August 13, 2007 5:04 PM PDT
VMware prices stock offering at $29 a share
VMware said late Monday that its stock offering is ready to go forward, with shares priced at $29 per share. The virtualization software specialist will begin trading on Tuesday on the New York Stock Exchange under the symbol "VMW."
VMware had been an independent company until storage giant EMC announced a $635 million acquisition of the software maker in December 2003. In February of this year, EMC said it would sell a stake in the company through a public offering. The stock offering comes as virtualization is taking on an increasingly central role in the computing world.
During her years at CNET News, Ina Fried has changed beats several times, changed genders once, and covered both of the Pirates of Silicon Valley. These days, most of her attention is focused on Microsoft. E-mail Ina. 
