Garnet Capital Advisors Llc

Garnet Capital Advisors Llc

Garnet Capital Advisors Llc

EMC Corp, parent of the world's largest maker of data storage gear used by corporate data centers, sold thirty three million class A shares of VMware in an initial public offering price of $29. VMW surged to $52 at the start of trading on Tuesday August 14, 2007.

At $50 with three hundred and seventy five (375) million shares of common stock, VMware has a market capitalization of nineteen billion dollars ($19B). Suddenly, VMware is in the top ten list of software makers based on market cap!