- Published on August 28, 2019
- In AI Features
Why did VMware Spend $ 4.8 Bn On Pivotal and Carbon Black Acquisitions?
- By Vishal Chawla
VMware recently announced its acquisition plans for cloud firm Pivotal and security vendor Carbon Black, two deals that will cost the company USD 4.8 billion. According to VMware, the company is going to spend $2.7 billion on Pivotal and about $ 2.1 billion for Carbon Black. Both deal amounts are based on the enterprise value of the deals and the actual acquisition prices will vary, experts have said.
Pivotal Will Pivot VMware Towards Hybrid Cloud
Pivotal was conceived in 2012, when it spun out of VMware and EMC. It arrived in Michael Dell's ownership when he purchased EMC, which, as a result, claimed the greater part of VMware. By procuring Pivotal and its Cloud Foundry hybrid cloud innovation at a price of $ 2.7 billion, VMware is aiming to enable clients to build, run and manage hyb
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Vishal Chawla
Vishal Chawla is a senior tech journalist at Analytics India Magazine and writes about AI, data analytics, cybersecurity, cloud computing, and blockchain. Vishal also hosts AIM's video podcast called Simulated Reality- featuring tech leaders, AI experts, and innovative startups of India.
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