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.
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.