Intel Capital, the investment arm of the chip giant, is selling half of the shareholding it acquired in virtualisation phenomenon VMWare, with 1-million shares already sold to Cisco and EMC, and the balance being made available on the open market.

Intel will sell a total of 4,75-million of the 9,5-million VMWare shares it bought in July last year for $219-million, or $23 a share. According to an SEC filing, Cisco and EMC, which is VMWare's parent with a 90% shareholding, bought 500 000 shares apiece at a price of $26,52 per share.
Cisco, which staked a $150-million claim just before VMWare's IPO, now holds 1,7% of its common stock.