Articles Tagged with acquisition

VMware Announces Intention to Acquire Wavefront

On April 12, VMware announced its intention to acquire Wavefront, an innovative startup that provides a solution for monitoring applications in the cloud at scale. Wavefront offers real-time analytics, enterprise-grade frameworks, intelligent alerting, and a comprehensive API. Among its customers are some of the darlings of the SaaS marketspace: Box, Lyft, Groupon, and Yammer, among others.

There is no indication of the costs that are involved. According to the VMware press release, the deal is expected to close in calendar Q2 2017 and will not have a material impact on its financial year 2018.

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VMware rolls back its borders with a flash sale of vCloud Air

In a not-too-unexpected move, VMware has announced the sale of its Public Cloud division. It is well-known that vCloud Air has been struggling. In a deal expected to close in Q2 2017 they have offloaded it to French Cloud hosting provider OVH. OVH defines itself as one of the largest cloud service providers in the world, with 1 million customers and 260,000 servers deployed, so roughly a quarter of a server per customer. I am pretty sure that Oracle, AWS, Google, and Azure are bigger, but there you go. Marketing at its best — OVH, one of the largest cloud service providers in the world.

Once the deal has gone through, OVH will rebrand the service as “vCloud Air Powered by OVH.” In addition, OVH will be shutting down vCloud Air’s pay-as-you-go service, ending the consumption model.

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Acquisitive LANDESK Bought Out

LANDESK and HEAT Software enter a Clearlake-led merger

The acquisitions have started early in 2017. It is only the fourth of January and we have our first major deal. The private investment firm Clearlake Capital has just shelled out a cool $1.1 billion for LANDESK.

In the past few years, LANDESK carved out a niche in the user virtualization market space, acquiring its major competitor and market leader AppSense in 2016, Xtraction Solutions in 2015, Naurtech and LetMoblie in 2014, and Shavlik from VMware in 2013.

Clearlake Capital has agreed to acquire LANDESK for a believed $1.1 billion in cash from Thoma Bravo and will be merging the company with its other UEM asset, HEAT Software USA.

The newly merged company, which is yet to be named, will be led by LANDESK CEO Steve Daly and headquartered in Utah. Current HEAT CEO and Clearlake Operating Advisor John Ferron will serve as the executive chairman of the newly merged company’s board.

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Symantec Expands Security Offerings

Symantec has expanded its portfolio by acquiring identity protection firm LifeLock with a $2.3 billion dip into its pockets. Since Symantec divested itself of Veritas at a loss to the Carlyle Group in 2015, it has been looking to move into new markets. It acquired Blue Coat in August for $4.65 billion, a move that was seen to enhance its enterprise offerings.

Symantec plus LifeLock
Symantec acquires LifeLock to expand its Norton business

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Will Citrix and Microsoft Tie the Knot?

As the business relationship between Citrix and Microsoft continues to flourish, it raises the question of whether the two will eventually tie the knot. Rumors of an acquisition have circulated on and off througout Citrix’s entire history, but could 2017 be the year that it finally happens?

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