VMware spends $4.8B to grab Pivotal, Carbon Black to secure, develop integrated cloud world
All things cloud are major topics of conversation at the VMworld user conference next week, ratcheded up a notch by VMware's $4.8 billion plans to acquire cloud development firm Pivotal and security provider Carbon Black.
VMware said during its quarterly financial call this week it would spend about $2.7 billion on Pivotal and its Cloud Foundry hybrid cloud development technology, and about $2.1 billion for the security technology of Carbon Black, which includes its Predictive Security Cloud and other endpoint-security software. Both amounts represent the enterprise value of the deals the actual purchase prices will vary, experts said.