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Enterprise Cloud

VMware Acquiring App Management Firm Avi Networks

VMware announced it is acquiring Avi Networks, a seven-year-old developer of software that manages the computing requirements of applications running in private data centers and on cloud providers. The deal, terms of which weren’t disclosed, is part of VMware’s strategy of offering networking, cybersecurity and management software that companies can use to keep important applications up and running. 

Despite being the main company to commercialize “virtualization” software, which has enabled cloud computing to flourish, VMware wasn’t able to become a cloud provider itself. VMware’s current focus on making its software compatible with major cloud providers is a pivot, and one that has gone over well with VMware’s investors, as shown by its shares more than doubling since the start of 2017, from around $80 to $175. 

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