For the first year, VMware operated in stealth mode, with roughly 20 employees by the end of 1998. Edouard Bugnion remained the chief architect and CTO of VMware until 2005, and went on to found Nuova Systems (now part of Cisco). Greene and Rosenblum were both graduate students at the University of California, Berkeley. In 1998, VMware was founded by Diane Greene, Mendel Rosenblum, Scott Devine, Ellen Wang and Edouard Bugnion. History Original logo from 1998 to 2009 Early history The acquisition was closed on November 22, 2023. announced an agreement to acquire VMware in a cash-and-stock transaction valued at $61 billion. VMware ESXi, its enterprise software hypervisor, is an operating system that runs on server hardware. VMware's desktop software runs on Microsoft Windows, Linux, and macOS. VMware was the first commercially successful company to virtualize the x86 architecture. VMware LLC is an American cloud computing and virtualization technology company with headquarters in Palo Alto, California.