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SAN FRANCISCO - The capital-management arm of Intel(INTC Quote) will begin selling nearly half its stake in VMware(VMW Quote) on Tuesday.
Intel Capital, which owned 9.5 million VMware shares, intends to sell 3.75 million shares on the open market beginning Tuesday, according to a Securities and Exchange Commission filing.
At the same time, Intel disclosed it had sold another portion of the stake to both Cisco(CSCO Quote) and EMC(EMC Quote) last week.
Taken together, the sales comprise half of Intel's stake in VMware. Intel bought the shares for $218.5 million, or $23 a share, in July 2007. ...
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