Accessibility/Mobile Features
Skip Navigation
Skip to Content
Editorial News
Business
Classified Sites

The Canadian Press - ONLINE EDITION

VMware buy mobile computing co. AirWatch for about $1.18B in cash plus instalments and equity

The Exterior view of VMware headquarters in Palo Alto, Calif., Oct. 24, 2007. THE CANADIAN PRESS/AP, Paul Sakuma

Enlarge Image

The Exterior view of VMware headquarters in Palo Alto, Calif., Oct. 24, 2007. THE CANADIAN PRESS/AP, Paul Sakuma

PALO ALTO, Calif. - Cloud computing company VMware says it will pay US$1.18 billion in cash to acquire AirWatch, a mobile technology provider that competes with BlackBerry (TSX:BB) in the corporate sector.

AirWatch has more than 10,000 customers and 1,600 employees around the world and provides a device management service that's promoted as an alternative to BlackBerry products for businesses.

VMware (NYSE:VMW) says the acquisition of Atlanta-based AirWatch will boost its mobile computing offerings for businesses without compromising security.

AirWatch, a privately held company, will continue to be led by its founder and CEO John Marshall and will become part of VMware's end-user computing group.

VMware works with companies to evolve their information technology resources to so-called cloud computing, which generally refers to having IT systems hosted by outside providers.

The deal has been approved by the boards of both companies and the acquisition is expected to close late in the first quarter.

  • Rate this Rate This Star Icon
  • This article has not yet been rated.
  • We want you to tell us what you think of our articles. If the story moves you, compels you to act or tells you something you didn’t know, mark it high. If you thought it was well written, do the same. If it doesn’t meet your standards, mark it accordingly.

    You can also register and/or login to the site and join the conversation by leaving a comment.

    Rate it yourself by rolling over the stars and clicking when you reach your desired rating. We want you to tell us what you think of our articles. If the story moves you, compels you to act or tells you something you didn’t know, mark it high.

Sort by: Newest to Oldest | Oldest to Newest | Most Popular 0 Commentscomment icon

You can comment on most stories on brandonsun.com. You can also agree or disagree with other comments. All you need to do is register and/or login and you can join the conversation and give your feedback.

There are no comments at the moment. Be the first to post a comment below.

Post Your Commentcomment icon

Comment
  • You have characters left

The Brandon Sun does not necessarily endorse any of the views posted. Comments are moderated before publication. By submitting your comment, you agree to our Terms and Conditions. New to commenting? Check out our Frequently Asked Questions.

letters

Make text: Larger | Smaller

Brandon Sun Business Directory
Submit a Random Act of Kindness
Why Not Minot?
Welcome to Winnipeg

Social Media

Canadian Mortgage Rates