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Rating: VMW

VMWARE INC. (NYSE: VMW) reiterated to Hold by Stifel Nicolaus

Thursday,  Feb 28, 2013  8:25 AM ET by Kristen Bailey

Stifel Nicolaus reiterated VMWARE INC. (NYSE: VMW) to Hold.
Stifel Nicolaus rated VMWARE INC. (NYSE: VMW) to Hold on 04/04/2008, when the price was $46.51.

VMware, Inc. is a provider of virtualization solutions from the desktop to the data center. The Company?s suite of virtualization solutions addresses a range of information technology (IT) problems that include cost and operational inefficiencies, business continuity, software lifecycle management and desktop management. It works closely with over 900 technology partners, including server, microprocessor, storage, networking and software vendors. In November 2008, VMware, Inc. bought Trango Virtual Processors, which specializes in virtualization software for mobile phones, which allows a single phone to run multiple operating systems. In September 2009, the Company announced the completion of its acquisition of SpringSource, an enterprise and web application development and management.

Stifel Nicolaus research focuses on all market caps, but is a leader in small- and mid-cap research. The department is staffed predominately with industry professionals from outside Wall Street. In fact, approximately 50% of its analysts have hands-on work experience in the industry that they research. Stifel Nicolaus believes industry experience, its opportunistic approach, and broad market cap coverage drive excess returns and its award-winning franchise.

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