VMware IPO To Raise $957, Valuing VMware At $8.7 bln

The VMware IPO will soon be available as investors have to opportunity to purchase shares in VMware as the company floats 11% of its stock.

The VMware IPO will contain 33 million shares at $29.00 per share. This will bring in $957 million for VMware and as the VMware IPO is only for 11% of the company, this means VMware is worth $8.7 billion.

However there is a lot of anticipation behind the VMware IPO, so we could see the valuation rise to $10 billion.

That’s more than a billion for every year that VMware has been around as it was founded in 1998

VMware is a software company that has been doing very well recently, on track to hit $1 billion in revenues for this fiscal year.

What do you think about the VMware IPO?

Should investors be investing in the VMware IPO?

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