Tumblelog by Soup.io
Newer posts are loading.
You are at the newest post.
Click here to check if anything new just came in.

VMware gets serious about the mobile enterprise with $1.54B AirWatch buy

It expects revenues regarding $1.48 billion, a 15 % boost from the fourth quarter of 2012.

. "The acquisition of AirWatch extends VMware"s proposition coming from data-center for you to device, as well as strongly positions us for the Mobile-Cloud era," wrote Sanjay Poonen, general manager involving end-user computing with VMware, in the blog post concerning the AirWatch buy.
Cloud software program maker VMware this morning announced its intent to be able to acquire AirWatch, any mobile device management along with safety provider regarding enterprises. Chief executive John Marshall will always lead the actual Atlanta, Georgia-based company, that will turn out for you to be a portion of VMware's end-user computing group.

VMware in addition announced its preliminary fourth quarter financial results. Throughout late 2012, it bought Nicira, any software-defined networking company.
"AirWatch brings multiple technologies -- a amount of straight contending together with VMWare -- and lots of partnerships which VMWare will most likely be in any place to leverage," said analyst Jack Gold, that expects further enterprise mobility market consolidation. "However, it is planning to be a challenge with regard to VMWare for you to integrate the particular AirWatch technology using its own, as will always be the case with virtually any technology acquisition straight into an existing base."

The acquisition can give VMware, which usually sells virtualization software, one of one in the most highly regarded enterprise mobility solutions. Mobile device management is an increasingly hot sector weight loss smartphones and also tablets show up inside the particular fake taxi enterprise, creating more opportunities pertaining to compliance breaches and also another voie regarding cyber attacks.
The AirWatch acquisition is predicted to close late within the very first quarter, according to a statement via VMware. VMware has agreed in order to spend $1.17 click here in order to see billion within money as well as yet another $365 million throughout installment payments and also unvested stock options.
At the duration of publication, VMware's stock is actually trading from $99.01, up 3.1 percent through its opening expense of $96.01.

VMware gets significant concerning the mobile enterprise using $1.54B AirWatch acquire | VentureBeat | Deals | through Eric Blattberg

The AirWatch buy brings VMware straight into collection with Citrix, which features a well regarded mobility answer furthermore for you to its desktop virtualization offerings.? AirWatch, MobileIron, and Citrix are the highest-rated companies visit now in Gartner's "magic quadrant" for mobile device management.? IBM is also interested within the space, as demonstrated by? its Fiberlink buy? late last year.
For VMware, that is majority-owned simply by storage giant EMC, AirWatch is actually its second billion-dollar acquisition within the last 18 months. AirWatch raised $225 million in funding last year via Insight Enterprise Partners and also Accel Partners.

Nothing says "serious" being a billion dollar acquisition.
Gartner MDM magic quadrant

Related articlesVMware announces grand cloud-SDN strategy - but stock plunges 5 percentVMworld: As Well huge to always be able to fail? Or Perhaps too huge to succeed?Cisco's along with VMware's networking tech acquire analyst points but small revenueWhy networking luminary Mart??n Casado's occupation with VMware isn't completed yetBrace yourself for any mobile acquisition feeding frenzyReblog this post [with Zemanta]
Founded in 2003, AirWatch presently offers over 10,000 customers as well as 1,600 employees

Don't be the product, buy the product!