News
VMware Reaches Agreement To Buy Shavlik Technologies
Shavlik Technologies, a provider of security and management software for desktops and servers, will be acquired by virtualization and cloud provider VMware, the companies announced on Monday morning.
The companies have previously worked together on VMware Go, which launched in 2009 as a free, Web-based SaaS offering designed -- as the companies describe -- to "assist SMBs with rapid deployment and management of VMware vSphere."
In a press release issued Monday, VMware said it had "entered into a definitive agreement to acquire Shavlik" for an undisclosed sum. According to the companies, they expect the purchased to close "later this quarter."
"VMware continues to make investments to extend its leadership within the SMB market. With the Shavlik acquisition, VMware will be able to provide simple to use and affordable management services developed to address the specific demands of SMBs," commented VMware Senior Vice President and General Manager Raghu Raghuram in a prepared statement.
Shavlik CEO Mark Shavlik also commented: "This is an exciting time for us to be joining VMware as it builds on our expertise in delivering IT solutions to SMBs, an area we have been dedicated to for many years."
"The enthusiasm, creativity and operational excellence of our two companies will allow us to better serve our global customers and partners by accelerating IT management innovations," Shavlik continued.
About the Author
Becky Nagel serves as vice president of AI for 1105 Media specializing in developing media, events and training for companies around AI and generative AI technology. She also regularly writes and reports on AI news, and is the founding editor of PureAI.com. She's the author of "ChatGPT Prompt 101 Guide for Business Users" and other popular AI resources with a real-world business perspective. She regularly speaks, writes and develops content around AI, generative AI and other business tech. She has a background in Web technology and B2B enterprise technology journalism.