VMware Closes The Pivotal Deal Worth $2.7 Billion


VMware, the firm which offers cloud and virtualization services closed 2019 with a bang as it closed the deal with San Francisco-based Pivotal, the firm is known for provides digital transformation technology and services. Notably, the deal worth $2.7 billion was announced in August last year. The other two deals which the firm closed in 2019 include the names of Heptio and Bitnami who will help VMware transform itself into a cloud-native vendor from just a virtual machine providing platform.

Pivotal was founded by Bill Cook, Paul Maritz, Rob Mee, and Scott Yara in 2013. The firm has raised $1.7 billion in funding from the backers, which include names like EMC, Ford Motor Company, General Electric (GE), and VMware.

Ray O’Farrell, executive vice president and general manager of the Modern Application Platforms Business Unit at VMware through a blog post said that “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, enterprise-ready cloud-native offerings to customers to help them achieve better business outcomes.”

Edward Hieatt, senior vice president, customer success, at Pivotal said that “Pivotal has fundamentally changed how the world’s biggest brands build and manage software with a focus on developer productivity through platform abstractions and development techniques as well as connecting the business with the developer. The combination of Pivotal and VMware offers the most comprehensive application platform in the industry and is a win for our customers, a win for Pivotal, and a win for VMware. We’re excited to team up with VMware to help more enterprises become like modern software companies by adopting DevOps and Lean techniques developed by internet giants and the startup community.”


Image Courtesy : businessinsider

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