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Posts by Chris Gonsalves
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Chris Gonsalves

Content Writer
EDS Sells Product Lifecycle Management Business

Eager to pay down mounting debt, Electronic Data Systems Corp. will sell a profitable software development subsidiary to three investment firms for more than $2 billion in cash, officials said Sunday. The Plano, Texas services giant said Bain Capital LLC, Silver Lake Partners LP, and Warburg Pincus LLC had agreed to purchase its UGS PLM […]

Mar 14, 2004
EMC to Tap Into VMware Virtualization Capabilities

After working together quietly for nearly a year, EMC Corp. and VMware Inc. made it official last week with the storage vendor buying the smaller software company in a bid to offer combined storage and server virtualization and management tools. The $635 million cash deal is expected to result in some 20 new offerings in […]

Dec 22, 2003
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