VMware to Acquire Wavefront to Accelerate Delivery of its

New Post Public Reply Private Reply Replies (0) Message Board
News Desk 2018
94
VMware to Acquire Wavefront to Accelerate Delivery of its Cross-Cloud Management Services

PALO ALTO, CA --(Marketwired - April 12, 2017) - VMware, Inc. ( NYSE : VMW ), a global leader in cloud infrastructure and business mobility, today announced its intention to acquire Wavefront , the leading metrics monitoring service for cloud and modern application environments. Terms were not disclosed. The transaction is expected to close in calendar Q2 2017. VMware does not expect this transaction to have a material impact on its FY18 operating results.

Digital enterprises face challenges of a new order of magnitude when monitoring modern applications -- consisting of hundreds of microservices in containers with lifespans of seconds -- spread across private and public clouds. To identify and fix operational issues in these dynamic cross-cloud environments, developers need new instrumentation for their applications, and teams practicing DevOps require sophisticated real-time analytics on their high-scale distributed systems to adapt to problems before they impact the business.

Wavefront provides metrics monitoring to optimize clouds and modern applications by delivering operational insights using millions of data points per second in real-time. Operators and developers can interrogate real-time data streams to discover new ways to address problems, identify bottlenecks, and test algorithms and hypotheses. A cloud-hosted service, Wavefront ingests, stores, visualizes, and alerts on streaming metric data from clouds and modern applications enabling superior operational performance. Scaling to support the largest data center needs, the service can measure, correlate, and analyze across servers, devices, applications, end-user behavior, multiple public cloud and data center attributes, SaaS, PaaS and IaaS environments, and business metrics.

"VMware set the standard for monitoring virtual environments with VMware vRealize® Operations™, and we will set the standard for cross-cloud and modern application monitoring with Wavefront," said Ajay Singh, senior vice president and general manager, Cloud Management Business Unit, VMware. "It delivers a radically new scope and scale of metrics monitoring and analytics to help developers improve the performance, availability and customer experience of their digital services. When combined with the vRealize product portfolio, digital enterprises will gain a complete view from network through infrastructure to applications."

"I'm excited about Wavefront joining VMware upon the close of the deal," said Pete Cittadini, president and CEO of Wavefront. "Today, Wavefront delivers the ultimate streaming metrics monitoring to digital enterprises changing the way they deliver and instrument their clouds and modern applications. I look forward to delivering Wavefront's innovations to more customers, more extensively, as part of the vRealize portfolio of industry-leading multi-cloud management products."

For seven-plus years, VMware has invested in solutions featuring advanced metrics and analytics to help customers simplify and automate how they manage, monitor and troubleshoot services in dynamic virtual and cloud environments. Wavefront's metrics monitoring for modern applications will complement VMware's industry-leading vRealize Operations platform for monitoring, troubleshooting and capacity planning across virtual environments. Upon close of the deal, customers will have a holistic representation of their network, infrastructure and application environments when using Wavefront with vRealize Network Insight , vRealize Operations and vRealize Log Insight ™. Completion of the acquisition will further enable VMware to reach new digital enterprise customers and end-users including application delivery and development teams seeking to glean greater insight into their modern applications and associated containers and microservices.

Wavefront to Speed Time to Market for New SaaS Management Solutions

Upon close of the acquisition, Wavefront will be a part of the growing portfolio of VMware Software as a Service (SaaS) offerings. Additionally, VMware will leverage Wavefront's technology to accelerate the development of VMware Cross-Cloud Services™ to help manage and monitor modern application and their associated infrastructure across clouds. Introduced as a technology preview at VMworld® 2016 U.S., Cross-Cloud Services are new SaaS offerings under development to enable visibility into cloud usage and costs, enhance consistent networking and security policies, and automate the deployment, management, and migration of applications and data across VMware vSphere® and non-vSphere private and public clouds.

Additional Resources

About Wavefront

Wavefront is the ultimate metrics monitoring service for cloud and modern application environments. Its observability and analytics tools enable DevOps functions at SaaS companies where power, scale, performance, and reliability are essential to their business. The company helps software leaders to ensure superior customer experience with the combination of the most powerful query language in monitoring running against a unified, full detail, big data metric store in real-time with no limits. Visit Wavefront Blog and follow us on Twitter, @WavefrontHQ .

About VMware

VMware, a global leader in cloud infrastructure and business mobility, helps customers accelerate their digital transformation. VMware enables enterprises to master a software-defined approach to business and IT with VMware Cross-Cloud Architecture™ and solutions for the data center, mobility, and security. With 2016 revenue of $7.09 billion, VMware is headquartered in Palo Alto, CA and has over 500,000 customers and 75,000 partners worldwide.

VMware, vRealize, vRealize Operations, Log Insight, Cross-Cloud Services, VMworld, vSphere, and Cross-Cloud Architecture are registered trademarks or trademarks of VMware, Inc. in the United States and other jurisdictions. All other marks and names mentioned herein may be trademarks of their respective companies.

Forward-Looking Statements

This press release contains forward-looking statements including, among other things, statements regarding VMware's intention to acquire Wavefront; the expected benefits of the acquisition; the anticipated closing of the acquisition in calendar Q2 2017; the expected complimentary nature of combined product offerings after close; and VMware's expectation that the acquisition will not have a material impact on its fiscal year 2018 operating results. These forward-looking statements are subject to the safe harbor provisions created by the Private Securities Litigation Reform Act of 1995. Actual results could differ materially from those projected in the forward-looking statements as a result of certain risk factors, including but not limited to: (i) the ability of the parties to satisfy closing conditions to the acquisition on a timely basis or at all; (ii) market conditions, regulatory requirements and other corporate considerations that could affect the timing and closing conditions to the acquisition; (iii) the ability to successfully integrate acquired companies and assets into VMware; (iv) VMware's customers' ability to accept emerging technology and to transition to new products and computing strategies; (v) competitive factors, including but not limited to entry of new competitors into the industries in which VMware competes, and new product and marketing initiatives by VMware's competitors; (vi) VMware's ability to enter into and maintain strategically effective partnerships; (vii) rapid technological changes in the virtualization software and cloud, end user and mobile computing industries; (viii) changes to product and service development timelines; (ix) VMware's ability to protect its proprietary technology; (x) VMware's ability to attract and retain highly qualified employees; (xi) adverse changes in general economic or market conditions; (xii) changes in VMware's financial condition; (xiii) fluctuating currency exchange rates; and (xiv) VMware's relationship with Dell Technologies and Dell's ability to control matters requiring stockholder approval. These forward-looking statements are made as of the date of this press release, are based on current expectations and are subject to uncertainties and changes in condition, significance, value and effect as well as other risks detailed in documents filed with the Securities and Exchange Commission, including VMware's most recent reports on Form 10-K and Form 10-Q and current reports on Form 8-K that we may file from time to time, which could cause actual results to vary from expectations. VMware assumes no obligation to, and does not currently intend to, update any such forward-looking statements after the date of this release.

Media Contact Eloy Ontiveros VMware Global Communications 1.650.427.6145 eontiveros@vmware.com

Scroll down for more posts ▼

Top 10 Most Recent News Articles

Once Upon a Coconut Supports Breast Cancer Cause

Updated Category News Views 4

Supporting Breast Cancer Awareness When a coconut water brand shifts to pink, it's not just about changing colors—it's a signal of commitment. Every October, the world paints itself pink to stand against breast cancer, and Once Upon a Coconut is no different. This year, they're diving headfirst into Breast Cancer Awareness Month with their limited-edition pink cans, all...

Continue Reading
Colson Group Expands with Algood Acquisition

Updated Category News Views 4

A Big Move in Mobility Solutions Put on your seatbelts, because Colson Group is steering into a new lane with its acquisition of Algood Caster Innovations. This ain't just any pickup—it's a smart move that could ramp up their North American manufacturing clout and mobility solutions. You know, mergers like these don't come around by accident. Colson sees something...

Continue Reading
Books-A-Million's Impactful 2026 Coffee for Troops Campaign

Updated Category News Views 2

A Modest Cup, A Massive Impact Ever wonder how something as simple as a bag of coffee could bridge the gap between a service member far from home and their loved ones? Well, Books-A-Million has got that figured out, and they're taking it to another level with their 2026 Coffee for the Troops campaign. This isn't just about a hot brew; it's about stirring up a storm of...

Continue Reading
SOA Elects New Leaders for 2026: A Look Ahead

Updated Category News Views 3

A New Lineup for SOA's Board in 2026 On the financial frontlines, few organizations hold the clout that the Society of Actuaries (SOA) wields. With their latest round of elections completed, they've named five fresh Board members along with both a new President Elect and Vice Chair for the upcoming 2026-2027 term. These folks are gearing up to take the stage right after...

Continue Reading
Nailah Thorbourne's Vlair Shapewear: Fashion Freedom

Updated Category News Views 3

Fashion with a Punch: Nailah Thorbourne's New Venture You'd think from the way the fashion industry's been humming along that someone would've cracked the code on shapewear a long time ago, right? But alas, it takes Nailah Thorbourne to step out of Brick & Lace's spotlight and into this shapely market with Vlair Shapewear. Apparently, what most overlooked in comfort, she...

Continue Reading
Celina Graves Joins Expanding GoLive Streamers Platform

Updated Category News Views 3

Celina Graves Breaks New Ground on GoLive Streamers You'd think television capture all the talent buzz, but nope. Celina Graves, known from her semifinalist run on America's Got Talent, is diving into new waters by joining GoLive Streamers. She's stirring up the scene by making her performances more personal, stretching beyond the flatness of your typical TV appearance....

Continue Reading
Class Action Lawsuit Hits Desert Resort Management

Updated Category News Views 4

Desert Resort Management in Labor Hot Seat Alright, here's a twist that might make your coffee spill—Desert Resort Management, Inc. is caught in a legal whirlwind in Riverside County. The heavy hitters at Blumenthal Nordrehaug Bhowmik De Blouw LLP have slapped a lawsuit right in their face, alleging some grimy labor practices. They're claiming that the company wasn't...

Continue Reading
Primrose Schools App: A Bold Step for Digital Literacy

Updated Category News Views 4

Primrose Schools Delivers a New Era in Child Education Sitting at a crossroads between the tactile charm of hands-on learning and the inevitable march of digital literacy, Primrose Schools has unveiled something that might just rock the boat in early education: their new Balanced Learning® App. This move by Primrose comes at a crucial time when many parents are...

Continue Reading
Understanding Criminal Threat Charges in Kansas

Updated Category News Views 3

The Intricacies of Criminal Threat Cases in Kansas Let's cut straight to it: not all heated exchanges land you in court, but words can slap you with a criminal threat charge in Kansas if mishandled. A simple spat can turn legal nightmare, making it crucial to grasp the nuances of these cases. What sets them apart from other charges is the absence of physical...

Continue Reading
Craig Hospital Expands: A Milestone for Rehab Care

Updated Category News Views 6

A Bold Step Forward in Neurorehabilitation Over a September sky in Englewood, Colorado, a ceremonial beam rose, marking a major milestone for Craig Hospital. It's not just steel and concrete; it's hope and progress for many who've found themselves at the mercy of neurological injuries. Celebrating the 'topping out' of their expanded campus, Craig's latest step forward...

Continue Reading

Top 5 Most Recently Viewed Articles

Innovative Music Experience through Rappie by Verses, Inc.

Updated Category News Views 147

Rappie Revolutionizes Music Creation and Engagement Verses, Inc., driven by its visionary CEO Sean Lee, is set to transform the musical landscape with its revolutionary project in collaboration with SM Entertainment. This groundbreaking initiative aims to redefine how fans interact with music and artists through Rappie, the world’s first multimodal AI Rapmaker. This...

Continue Reading
Catalyst Pharmaceuticals Announces Q2 2025 Results Release

Updated Category News Views 229

Catalyst Pharmaceuticals to Release Financial Results Catalyst Pharmaceuticals, Inc. (NASDAQ: CPRX), a key player in the biopharmaceutical sector, is set to disclose its financial performance for the second quarter of 2025 following market closure. This report will be made public on August 6, 2025. With a dedicated focus on rare and challenging diseases, Catalyst aims to...

Continue Reading
Aethon United Completes Major Amendment to Credit Agreement

Updated Category News Views 253

Aethon United BR LP nailed a major financial milestone back in 2024 when they inked Amendment No. 18 to their Credit Agreement with JPMorgan Chase Bank, N. A. This isn't just another routine paperwork shuffle; it's a calculated move to tighten Aethon’s financial framework and pave the way for sustained growth. Aethon United's Credit Agreement: What It Means This...

Continue Reading
Enphase Energy's Market Dynamics: The Search for Stability

Updated Category News Views 191

An Overview of Enphase Energy's Market Position Enphase Energy (NASDAQ: ENPH) has become a notable player in the solar energy solutions market. The past few years have seen extreme fluctuations in its stock performance, making it essential to delve deeper into its journey and market dynamics. Investors often react impulsively to promising narratives, which can lead to...

Continue Reading
In-Depth Analysis of Cellectis' Share Capital and Voting Rights

Updated Category News Views 37

Understanding Cellectis' Share Capital and Voting Rights Cellectis is a prominent player in the biotechnology industry focusing on developing innovative treatments. Their commitment to transparency allows shareholders to stay informed about key metrics, especially concerning share capital and voting rights. This information is crucial for investors aiming to make informed...

Continue Reading