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VMware All Set To Acquire Pivotal

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After making the acquisition of Heptio and Bitnami, VMware is now eyeing one of its family members for acquisition.

According to a statement released by Pivotal, “VMware would acquire all of the outstanding shares of Class A common stock of Pivotal for cash at a per-share price equal to $15.00.”

Pivotal was spun out of VMware and EMC to focus on Cloud Foundry, the open-source platform for software development. Last year Pivotal went public, but it didn’t perform quite well in the market.

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A friendly acquisition by VMware will be a shot in the arm for Pivotal, given that Dell-EMC companies already work closely together.

VMware might announce the acquisition at the upcoming VMworld event.

Swapnil Bhartiya
I have more than 12 years of experience covering Enterprise Open Source, Cloud, Containers, IoT, Machine Learning and general tech. My stories cover a very broad spectrum - traditional Linux, data center and Free Software to contemporary emerging technologies like 'serverless'. Widely Read: My stories have appeared in a multitude of leading publications including CIO, InfoWorld, Network World, The New Stack, Linux Pro Magazine, ADMIN Magazine, HPE Insights, Raspberry Pi Geek Magazine, SweetCode, Linux For You, Electronics For You and more.
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