Vmware acquires Pivotal for $2.7b

SAN FRANCISCO: Enterprise software major Vmware has completed the acquisition of Us-based Pivotal Software, a leading Cloud-native platform provider for $2.7 billion. The combination of Pivotal’s developer-centric offerings with Vmware’s upstream Kubernetes run-time infrastructure and management tools will deliver a comprehensive enterprise solution, Vmware said.

As a result of the acquisition which was originally announced in August, Pivotal will now operate as a wholly owned subsidiary of Vmware.

“As Pivotal is now part of Vmware, I want to thank the Pivotal leadership team for building a great company. Together, we’re poised to be the leading enabler of Kubernetes with a deep understanding of both operators and developers,” Pat Gelsinger, CEO, Vmware, said in a statement

Pivotal’s offerings will be core to the Vmware Tanzu portfolio of products and services designed to help customers transform the way they build, run and manage their most important applications, with Ku ber net es as the common infrastructure substrate.

“Digital transformation and the applications that drive it should not be restricted only to cloud and software giants,” said Ray O’farrell, Executive Vice President and General Manager, Modern Applications Platform Business Unit, Vmware.

“We believe that modern application development solutions and practices need to be easily accessible to everyday enterprises across the globe. With Pivotal’s developer capabilities as the foundation, we’ll focus on delivering consumable, enterpriseready cloud native offerings to customers to help them achieve better business outcomes,” he added.