*Source: HardwareZone (
http://www.hardwarezone.com/articles...d=21&id=2346)*
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In a week when stock markets all over the world were jittery and volatile due to sub-prime mortgage woes in the US, a Silicon Valley company's initial public offering (IPO) on Wall Street rose above the general uncertainty to surge 76% higher on its debut. As of now, shares of VMware, a leader in virtualization technology, has gone up 140% from its initial price and is looking like one of the best IPOs of the year.
VM who? It would not be an exaggeration to assert that most people have not heard anything about this technology firm specializing in the fast growing field of virtualization. Yet, comparing its recent IPO, only one other technology firm has made such a spectacular debut in recent years - search giant Google. This IPO has certainly thrown a giant spotlight on a burgeoning technology that has so far been confined to the cold, controlled stability of the server farms and mostly unheralded in the media till now.
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