VMware splashes out $1.54bn on mobile security firm Airwatch

Virtualisation behemoth plans to put new purchase front and centre of its end user computing portfolio.

Merger

Virtualisation giant VMware has agreed to acquire mobile security firm Airwatch for $1.54 billion to bolster its end user computing portfolio.

Airwatch specialises in enterprise-focused mobile device management tools and claims to have more than 10,000 customers across the world.

It also boasts a 1,600-strong global workforce, all of whom will continue to report to the company's founder and CEO John Marshall once the deal completes.

Advertisement - Article continues below

The acquisition has already won the approval of both firms' board of directors and is expected to close before the end of Q1 2014.

After this, the company will become part of VMware's end user computing arm, and is expected to form the focal point of its mobile operations.

Pat Gelsinger, CEO of VMware, explained: "With this acquisition VMware will add a foundational element to our end user computing portfolio that will enable our customers to turbo-charge their mobile workforce without compromising security."

In a blog post announcing the deal, Airwatch said becoming part of VMware will speed up its time to market with new products and assured customers they will not experience any service disruption as a result of the deal.

In a statement, Alan Dabbiere, co-founder and chairman of Airwatch, said becoming part of the VMware family will enable the firm to broaden its customer base.

Advertisement
Advertisement - Article continues below

"When we started AirWatch, we set out to help businesses succeed in the mobile explosion that was set to come. Now there are more than two billion smart phones and tablets in the world and more than half of those devices touch an enterprise," he said.

Advertisement - Article continues below

"By joining a proven innovator like VMware, we now have an opportunity to bring our leading-edge solutions to an even broader set of customers and partners to help them optimise for the mobile-cloud world."

News of the acquisition coincides with the release of VMware's preliminary fourth quarter financial results for 2013.

The firm said it expects revenue to be up 15 per cent on Q4 2012 and to hit $1.48 billion, thanks in part to a 15 per cent increases in license revenue.

Featured Resources

The case for a marketing content hub

Transform your digital marketing to deliver customer expectations

Download now

Fast, flexible and compliant e-signatures for global businesses

Be at the forefront of digital transformation with electronic signatures

Download now

Why CEOS should care about the move to SAP S/4HANA

And how they can accelerate business value

Download now

IT faces new security challenges in the wake of COVID-19

Beat the crisis by learning how to secure your network

Download now
Advertisement

Recommended

Visit/cloud/virtualisation/354962/vmware-launches-vsphere-7-and-tanzu-container-management-tools
virtualisation

VMware launches vSphere 7 and Tanzu container management tools

10 Mar 2020
Visit/network-internet/34277/vmware-boosts-networking-portfolio-with-new-updates
Network & Internet

VMware boosts networking portfolio with new updates

27 Aug 2019
Visit/virtualisation/34268/vmware-doubles-down-on-kubernetes-and-hybrid-cloud
virtualisation

VMware doubles down on Kubernetes and hybrid cloud

27 Aug 2019
Visit/virtualisation/34265/what-to-expect-from-vmworld-us-2019
virtualisation

What to expect from VMworld US 2019

23 Aug 2019

Most Popular

Visit/operating-systems/microsoft-windows/355812/microsoft-warns-against-installing-windows-10-may-2020
Microsoft Windows

Microsoft warns users not to install Windows 10's May update

28 May 2020
Visit/security/cyber-security/355797/microsoft-bans-trend-micros-rootkit-buster-from-windows-10
cyber security

Microsoft bans Trend Micro driver from Windows 10 for "cheating" hardware tests

27 May 2020
Visit/policy-legislation/data-protection/355835/nhs-yet-to-understand-the-risks-of-holding-test-and-trace
data protection

NHS yet to understand risks of holding Test and Trace data for 20 years

29 May 2020