A Blockbuster Buy
From Avi Networks’ close ties with Cisco to VMware’s bullish Virtual Cloud Network strategy, the virtualization star’s planned acquisition of the multi-cloud application delivery startup is big news for the IT world.
Palo Alto, Calif.-based VMware hopes to leverage Avi Networks’ technology to boost NSX and the company’s software-defined networking innovation. “VMware is committed to making the data center operate as simply and easily as it does in the public cloud, and the addition of Avi Networks to the growing VMware networking and security portfolio will bring us one step closer to this goal,” said Tom Gillis, senior vice president and general manager, Networking and Security, VMware in a statement.
Financial terms of the VMware-Avi Networks deal were not disclosed. VMware expects to close the Avi acquisition in its current second fiscal quarter 2020.
Here are five things you need to know about the VMware-Avi Networks deal.
