VMware Announces Deal To Buy Shavlik
- By Becky Nagel
- May 16, 2011
Virtualization giant and cloud vendor VMware announced on Monday that it has reached a deal to acquire Shavlik Technologies, a provider of security and management software for servers and desktops.
VMware and Shavlik have previously teamed up on VMware Go, which launched in 2009. VMware Go is a no-cost Software as a Service (SaaS) product designed, as the companies describe it, to "assist SMBs with rapid deployment and management of VMware vSphere."
In a press release issued Monday morning, VMware said it had "entered into a definitive agreement to acquire Shavlik" for an undisclosed sum. According to the companies, they expect the purchase to close "later this quarter."
"VMware continues to make investments to extend its leadership within the SMB market. With the Shavlik acquisition, VMware will be able to provide simple to use and affordable management services developed to address the specific demands of SMBs," said VMware Senior Vice President and General Manager Raghu Raghuram in a prepared statement.
Shavlik CEO Mark Shavlik also commented in a statement: "This is an exciting time for us to be joining VMware as it builds on our expertise in delivering IT solutions to SMBs, an area we have been dedicated to for many years."
"The enthusiasm, creativity and operational excellence of our two companies will allow us to better serve our global customers and partners by accelerating IT management innovations," he continued.