VMware to acquire software, personnel from parent EMC
- 26 February, 2010 09:02
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Virtualization software company VMware will be taking over a line of data-center management software from parent company EMC, the companies announced Thursday.
For US$200 million, VMware will be acquiring products and expertise in EMC's Ionix line of IT management software, which can be used to manage servers and applications in a data center. It will be packaged to complement VMware's vCenter and vSphere lines of virtualization software.
Specifically, VMware will acquire the FastScale, Application Discovery Manager, Server Configuration Manager and Service Manager programs. The company will oversee operations and personnel for the Ionix product line.
The deal is expected to close in the second quarter of 2010. EMC will continue to offer Ionix as a reseller, though the two companies have been selling their product lines in tandem for some time.
VMware is a wholly owned subsidiary of EMC.
Nominations for the 2012 ARN IT Industry Awards open on Tuesday, June 12.
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