Arik Hesseldahl

Recent Posts by Arik Hesseldahl

VMware to Acquire Storage Software Company Virsto

VMware said today that it reached a deal to acquire Virsto, a maker of software that specializes in optimizing storage in virtual and cloud computing environments. Financial terms were not disclosed. Virsto was founded in 2007, and had raised about $24 million in venture capital funding from August Capital, Canaan Partners, InterWest Partners, Southern Cross Venture Partners and Correlation Ventures. VMware shares fell more than 2 percent during the day, to $77.04 per share.


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Just as the atom bomb was the weapon that was supposed to render war obsolete, the Internet seems like capitalism’s ultimate feat of self-destructive genius, an economic doomsday device rendering it impossible for anyone to ever make a profit off anything again. It’s especially hopeless for those whose work is easily digitized and accessed free of charge.

— Author Tim Kreider on not getting paid for one’s work