Home Virtualization Vender Parallels CEO Sees IPO in a Few Years, Not an Acquisition

Virtualization Vender Parallels CEO Sees IPO in a Few Years, Not an Acquisition

0
0
0

Parallels Chief Executive Officer Serguei Beloussov says he wants to take the software maker public in about two years, striving to stay independent.

Companies including Microsoft Corp. and International Business Machines Corp. have “casually” approached him about an acquisition, Beloussov said in an interview last week. Parallels, based in Renton, Washington, would consider a bid if it provided a significant premium, he said, without elaborating.
 
Parallels’ software lets computers run multiple operating systems. The market for so-called virtualization software, which lets clients reduce costs by buying fewer machines, will more than double to $4 billion in 2013, according to research firm Gartner Inc. Parallels competes in some areas with market leader VMware Inc.
 
To learn more and to read the entire article at its source, please refer to the following page, Parallels CEO Sees IPO in a Few Years, Not an Acquisition – Bloomberg.com
 

 

Join the 'Delivering the Digital Workspace with VMware' Virtual Conference NOW!

More Resources:

Categories:
DABCC DABCC.com, the world leader in sharing the finest Virtualization & Cloud news and support resources. #Citrix, #VMware, #Microsoft, #Mobility and much more! Brought to you by @douglasabrown & team!
| LATEST RESOURCES

White Papers

    The Top 5 Benefits of HIPAA Compliant Messaging that Improve Your Organization

    Healthcare organizations process enormous amounts of sensitive data, including protected health information (PHI), every day. They are required by law through HIPAA (Health Insurance Portability and Accountability Act) to take every precaution to protect this data. As more of this communication goes mobile, it is critical that healthcare providers maintain the levels of privacy that […]

    Downloads

      Load & Performance Testing for Citrix – Download AppLoader!

      Load testing for Citrix XenApp, XenDesktop, PeopleSoft, Java, .NET, Adobe, client-server, Oracle, Siebel, SAP, web, custom apps and more Download NRG Global’s load and performance testing solution for all applications from the end user’s perspective. This easy-to-use, script-free load and performance testing solution stresses your application with real-life traffic to accurately assess end to end […]

      On-Demand Webinars

        Managing the End User Experience with GPU Powered Insights On-Demand Webinar

        Citrix Ready Technical Webinar with eG Innovations GPU technology improves the user experience in Citrix virtual desktops and applications, but to truly deliver an immersive user experience that scales, organisations need to manage the complete GPU deployment lifecycle – from designing the infrastructure, to managing and optimising a production environment, to responding to user issues […]

        Latest Videos

          How Turbonomic’s Autonomic Platform Works | Data Center Fly Through

          See how Turbonomic operates in your data center to drive it to a healthy state. With a common data model based on supply and demand, data center entities “buy” exactly the resources they need in real time at the best price. Watch how VMs independently make decisions to meet their application demands and assure performance […]


          Close