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HomeTechnology NewsVMware buys two software firms in separate deals totaling $5 billion

VMware buys two software firms in separate deals totaling $5 billion

(Reuters) – VMware Inc said on Thursday that it would buy Pivotal Software Inc, a maker of software development and management tools, in a deal valued at $2.7 billion.

Separately, it also said it would purchase software firm Carbon Black for an enterprise value of $2.1 billion.

Dell Technologies Inc is the controlling stockholder for VMware and Pivotal Software.

VMware’s deal for Carbon Black will be an all cash transaction for $26 per share, the company said in a statement.

The Pivotal deal is for a blended price per share of $11.71.

Reporting by Tamara Mathias in Bengaluru; Editing by Bernard Orr