VMware, the players in virtualization and cloud industry, has signed a definitive agreement to buy AirWatch, a provider of enterprise mobile management and security solutions.
Funds must be spent VMware reached USD 1,175 billion in cash and USD 365 million with installment payments and unvested equity.
AirWatch team will continue to report to the founder and chief executive officer John Marshall as part of the VMware End-User Computing, led by Sanjay Poonen, EVP and GM.
While Alan Dabbiere, co-founder and chairman of the board will oversee operations AirWatch AirWatch new one, which will report to Pat Gelsinger, CEO of VMware.
“AirWatch provides a secure enterprise mobile management, best-in-class, to thousands of businesses around the world,” said Pat Gelsinger, CEO of VMware.
With this purchase VMware will add the basic elements for a portfolio of end-user computing we will enable our customers to improve extraordinarily their mobile workforce without compromising security .
Alan Dabbiere, founder AirWatch stated, when pioneering AirWatch, he wants to help businesses to succeed in the mobile explosion to come.
Now there is evidence of more than 2 billion smart phones and tablets in the world and more than half of the device is in contact with the enterprise.
“By joining forces with the innovators who have proven as VMware, we now have the opportunity to bring our leading-edge solutions to a broad set of customers and partners to help them optimize the mobile-cloud world,” said Alan.
Headquartered in Atlanta, Georgia, AirWatch is a leading provider of enterprise solutions for Mobile Device Management and Mobile Content Management.
With more than 10,000 global customers and more than 1,600 employees in nine global offices, AirWatch solution provides a strategic platform for the enterprise to manage a set of mobile devices and the rapidly growing mobile workforce continues to increase.