VMware completes acquisition of AirWatch
VMware, the global leader in virtualisation and cloud infrastructure, has announced it has completed its acquisition of AirWatch, the leading provider of enterprise mobile management and security solutions. Originally announced on Jan. 22, 2014, VMware acquired AirWatch for approximately $1.181B in cash and approximately $364M of instalment payments and assumed unvested equity.
This acquisition expands VMware's End-User Computing group; AirWatch's offerings will form an expanded portfolio of mobile solutions that are complementary to VMware's portfolio. With the close of the acquisition, the AirWatch team, led by founder and former chief executive officer, John Marshall, is now part of VMware's End-User Computing group. Alan Dabbiere, AirWatch's co-founder and chairman, will be overseeing a new AirWatch operating board which reports to Pat Gelsinger, VMware chief executive officer.
"We are pleased to mark the closure of the AirWatch acquisition during the week of the seminal Mobile World Congress event, where we are bringing the industry's best enterprise mobile management and security solutions to our over 500,000 customers and 75,000 partners," said Sanjay Poonen, EVP and GM of VMware's End-User Computing group, VMware. "We look forward to leveraging the considerable synergies of our joint engineering and go-to-market organisations, to deliver landmark innovation in enterprise mobility and secure content collaboration, for the post-PC world of heterogeneous devices -- be it iOS, Android or Windows."
Headquartered in Atlanta, GA, AirWatch is the leading provider of enterprise solutions for Mobile Device Management, Mobile Application Management and Mobile Content Management. With more than 10,000 customers globally and more than 1,600 employees across nine global offices, AirWatch's solutions give enterprises a strategic platform to securely manage a rapidly growing set of mobile devices and an increasingly mobile workforce. The Atlanta site is expected to expand and be the centre of VMware's mobile operations.