ipo report ipo review vmware.

Business :- Virtualization Solutions

Listing :- New York Stock Exchange (NYSE)

Symbol :-- "VMW"

Business Overview

IPO Report

Review report

Offer/Objects

The Offering ( can be change at last moment, subject to demand )

Common stock offered :- 33,000,000 shares of Class-A common stock par value $0.01

Common stock outstanding after this offering :- 375,120,000 shares of common stock par value $0.01

Offer price range :- $27.00 and $29.00 per share (updated on 09-08-2007)

Offer Details

Class A common stock offered by company	33,000,000 shares
Total common stock to be outstanding immediately after this offering	375,120,000 shares including 300,000,000 shares of Class B and 75,120,000 shares of Class A common stock
The rights of the holders of class A and class B stock are identical expect for voting conversion and election of directors.
The underwriters have an option to purchase up to 4,950,000 additional shares from company to cover over-allotments of shares.
Proceeds Estimate net proceeds to company from this offering will be approximately US$866.2 million, after deducting estimated underwriting discounts and commissions and estimated offering expenses payable by company. A $1.00 increase (decrease) in the assumed initial public offering price of US$28.00 per share would increase (decrease) the net proceeds from this offering by approximately US$31.2 million, assuming that the number of shares offered by company remains the same. Use of proceeds To repay $350.0 million intercompany indebtedness owed to EMC. To purchase from EMC company's new headquarters facilities for an amount equal to the cost expended by EMC to date in constructing the facilities, Totaled approximately $127.0 million. For working capital and other general corporate purposes, including to finance growth and to develop new products To fund capital expenditures and potential acquisitions. Pending such uses, company may invest the net proceeds from this offering in short-term investments.
Common stock to be outstanding be outstanding after this offering excludes: 79,880,000 shares of class A common stock reserved for issuance under company's 2007 equity and incentive plan, including: 35,679,411 shares of class A common stock issuable upon the exercise of share option awards granted in June and July 2007. 365,740 shares of class A common stock issuable upon the exercise of share option awards granted in July 2007. 537,676 shares of class A common stock deliverable upon the vesting of restricted stock units.