VMware Said It Plans to Acquire Avi Networks
June 13 2019 - 5:48PM
Dow Jones News
By Stephen Nakrosis
VMware Inc. (VMW) said Thursday it plans to acquire Avi
Networks, a provider of multi-cloud application delivery
services.
VMware said the acquisition will further enable it to bring the
public cloud experience to the entire data center.
VMware said it expects to close the transaction in Q2 FY2020,
adding the acquisition isn't expected to have material impact on
fiscal 2020 operating results.
Financial terms of the deal weren't disclosed.
--Write to Stephen Nakrosis at stephen.nakrosis@wsj.com
(END) Dow Jones Newswires
June 13, 2019 17:33 ET (21:33 GMT)
Copyright (c) 2019 Dow Jones & Company, Inc.
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