VMware To Buy AirWatch For $1.54B

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VMware

VMware is acquiring AirWatch for approximately $1.175 billion in cash and approximately $365 million of installment payments and assumed unvested equity.

The AirWatch team will continue to report to founder and chief executive officer John Marshall as part of VMware’s End-User Computing group, led by Sanjay Poonen, EVP and GM. Alan Dabbiere, AirWatch’s co-founder and chairman, will be overseeing a new AirWatch operating board which will report to Pat Gelsinger, VMware chief executive officer.

Privately held and headquartered in Atlanta, GA, AirWatch provides enterprise solutions for mobile device management, mobile application management, and mobile content management.  

[Image courtesy: VMware]