Palo Alto, California-based VMware, Inc. (NYSE: VMW), an enterprise software company, completed the acquisition of Pivotal Software, Inc. a cloud-native platform provider.
The transaction represented an enterprise value for Pivotal of approximately $2.7 billion.
The company will now operate as a wholly owned subsidiary of VMware.
Pivotal’s offerings will be core to the VMware Tanzu portfolio of products and services designed to help customers build, run and manage their applications, with Kubernetes as the common infrastructure substrate.
Pivotal combines cloud-native platform, developer tools, and a proven methodology to enable Global 2000 companies to build and run their most important software applications. | To read full story, visit https://startuparound.com/read/1577984510.5976505/VMware-Closes-Acquisition-of-Pivotal,-for-Approx.-$2.7-Billion?ref=audio_experience