VMware Acquires Pivotal Software
December 30, 2019
VMware, Inc. completed its acquisition of Pivotal Software, Inc., acquiring Pivotal for an enterprise value of approximately $2.7 billion and making Pivotal a wholly owned subsidiary. Pivotal's cloud-native platform and developer-focused offerings will be integrated into VMware's Tanzu portfolio to expand VMware's modern application and Kubernetes capabilities.
- Buyers
- VMware, Inc.
- Targets
- Pivotal Software, Inc.
- Sellers
- Pivotal Class A common stockholders, Dell Technologies
- Industry
- Cloud & SaaS
- Location
- California, United States
- Transaction Type
- Buyout
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