Ford to invest $182 mn in EMC-VMware venture
American automobile manufacturer Ford will invest $182.2 million for a 6.6% stake in San Francisco-based Pivotal Software, the cloud-computing joint venture of EMC Corporation and VMware Inc. Microsoft will also invest in the round, which totals to $253 million, Pivotal said. With this round of funding, Pivotal's valuation will increase to around $2.5 billion.