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September 11, 2007
VMWare Acquires Swiss Startup Dunes Technologies
Lausanne-based Dunes Technologies, which developed software used by the IT department to manage virtual computing environments, has been acquired by newly public VMWare whose mkt cap is currently $25.4B.
The six year old software company's products competed with some of VMWare's own management software. It has been acquired for an undisclosed amount.
Your alarm:clock euro reporter had been following the company's founders since some of them were at their previous venture, Lysis SA, an IPTV software startup that was acquired by Kudelski during the downturn. (See swissinfo article circa 2004 for more about Dunes' early years).
Dunes had raised some capital in the past year from Affentranger Associates, a small Swiss corporate finance and investment firm based in Geneva.
Read VMWare Acquires (virtual strategy)
Posted on September 11, 2007 07:02 PM | Posted to News And Updates | Permalink
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