VMware sets IPO price range; lands Intel Capital as investor by ZDNet's Larry Dignan -- Intel Capital said it will invest $218.5 million in VMware and ultimately own 2.5 percent of the virtualization company’s outstanding common stock as it goes public. Separately, VMware said in a regulatory filing that it will offer 33 million shares priced between $23 and $25 a share. VMware, which will trade under the ticker “VMW,” [...]It is a bit difficult to know for sure what's Intel's ulterior motive when we know for a fact that VMWare success means fewer CPU demand for both Intel and AMD. The significant amount leaves little doubt how much Intel is taking virtualization seriously. $218M was large enough to get a seat at the board and influence the direction of the company bearing in mind that AMD and Intel have competing virtualization technologies. The virtualization market is about to explode with the proliferation of multi-core processors and under utilized servers. And if Intel can get a leg up by collaborating closely with VMWare (research and marketing) and at the same time marginalize AMD's technologies, it is easy to makes sense of the investment.