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VMWare the hottest property around

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VMWare could be on track to become the most successful IPO (initial public offering( since Google listed in 2004 and is now hoping to raise about $1,1-billion. 

VMWare shares will start to trade tomorrow although the listing will only take place on Thursday.
The virtualisation company, currently owned by EMC, initially estimated that shares would start trading at between $23 and $25, but has now raised its expectation to as much as $29 per share.
Intel and Cisco have both pledged sizable amounts to the company, with Intel putting up $218,5-million for a 2,5% stake; and Cisco Systems pledging $150-million for 1,6% of the shares.
VMWare supplies software that allows different systems to work together and last year saw revenue growth of 82%.