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Business in brief

EMC CEO reaffirms vow not to sell stake in VMware

May 21, 2008

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EMC Corp. will keep its 86 percent stake in software maker VMware Inc., chief executive Joseph Tucci said, quashing speculation that the company will unload more of its shares. "Honestly, from the board, there is no interest in spinning off VMware," Tucci said, reiterating a pledge made last month. Hopkinton-based EMC posted its biggest weekly gain in three years last ... (Full article: 713 words)

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