VMware buys two software firms in separate deals totaling $5 billion

VMware Inc mentioned on Thursday that it might purchase Pivotal Software program Inc, a maker of software program growth and administration instruments, in a deal valued at $2.7 billion.

Individually, it additionally mentioned it might buy software program agency Carbon Black for an enterprise worth of $2.1 billion.

Dell Applied sciences Inc is the controlling stockholder for VMware and Pivotal Software program.

VMware’s deal for Carbon Black will likely be an all money transaction for $26 per share, the corporate mentioned in an announcement.

The Pivotal deal is for a blended value per share of $11.71.

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