VMware Plunks Down $1.2 Billion To Acquire SDN Startup Nicira
Talk about a game-changer. VMware this week burst into the software- defined networking market with its $1.2 billion acquisition of Nicira.
VMware will pay $1.05 billion in cash and $210 million of assumed unvested equity awards for Nicira, a Palo Alto, Calif.-based startup that has has lured awary high-profile talent from Juniper and Cisco.
Bogomil Balkansky, VMware's senior vice president of cloud infrastructure products, told CRN the deal gives VMware and its partners the ability to extend virtual networking across any cloud platform. That includes using Nicira technology to extend VMware's reach into clouds built on the OpenStack open-source software platform -- the leading alternative to VMware's vSphere platform.