Intel Capital Joins Big Switch Funding Round

Big Switch Networks, the software-defined networking startup that came out of stealth mode last year, has a new investor in its Series B round of venture capital funding: Intel Capital. The venture arm of the world’s biggest chip company joins other investors — including Goldman Sachs, Index Ventures, Khosla Ventures and Redpoint Ventures — and … Continue reading

VMWare To Cut 900 Jobs As Outlook Disappoints, But Will Still Pursue M&A

VMWare plans to cut about 900 jobs, or 7 percent of its workforce, as part of a restructuring. The company also issued cautious 2013 forecast, due to a decline in U.S. federal government bookings and continuing concerns about the sluggish economy in Europe. The company reported on-target fourth-quarter earnings and said it expects revenue of … Continue reading

Macworld review: Parallels Desktop 8 vs. VMware Fusion 5

“Virtualization apps for the Mac have matured a lot. There are now four main options: two commercial virtualization apps (Parallels Desktop for Mac and VMware Fusion), an open source alternative (VirtualBox), and another solution that lets you install Windows apps without installing Windows (Crossover). Those first two options are the most popular-and, for most users, … Continue reading