VMware To Acquire Pivotal Software At An Enterprise Value Of .7 Billion

VMware, a noted innovator in enterprise software, this week announced that the company had signed an agreement to acquire Pivotal Software, a cloud-native platform provider, at an enterprise value of $2.7 billion.

The company has signed another agreement to acquire Carbon Black, a leader in cloud-native endpoint protection, at an enterprise value of $2.1 billion.

Ecstatic with the development, VMware published a statement saying that the following the closure of this transaction, the company will be positioned to deliver the most comprehensive enterprise-grade Kubernetes-based portfolio for modern applications.

VMware and Pivotal share a long history of collaboration and joint innovation, reflected in the co-development and launch of VMware Pivotal Container Service (PKS) in February 2018. VMware has increased its Kubernetes-related investments over the past year with the acquisition of Heptio, and the Kubernetes founders, to become one of the top three contributors to Kubernetes. The combination of Pivotal’s developer experience and assets with VMware’s IT expertise and infrastructure will help deliver a comprehensive portfolio of products, tools and services necessary to build, run and manage modern applications on Kubernetes infrastructure with velocity and efficiency.

Pat Gelsinger, CEO of VMware, said in a statement, “Kubernetes is emerging as the de facto standard for multi-cloud modern apps. We are excited to combine Pivotal’s development platform, tools and services with VMware’s infrastructure capabilities to deliver a comprehensive Kubernetes portfolio to build, run and manage modern applications. Importantly, adding Pivotal to our platform, accelerates our broader Any Cloud, Any App, Any Device vision and reinforces our leadership position in modern multi-cloud IT infrastructure.”

Pivotal offers a powerful set of assets including a leading developer-centric platform, tools and services that accelerate modern app development. Additionally, Pivotal is a major contributor to the Spring developer framework, which sees more than 75 million downloads per month. The company is fully embracing Kubernetes with the recent launch of Pivotal Spring Runtime for Kubernetes and the upcoming Pivotal Application Service for Kubernetes.

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