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VMware Inc (NYS: VMW)
History
Incorporated in Delaware in 1998.
In 2004, Co. was acquired by EMC Corporation (EMC).
On June 30, 2006, Co. acquired Akimbi Systems, Inc. for $47,300,000.
On June 30, 2007, Co. acquired Propero Ltd for $21,400,000.
On July 1, 2008, Co. acquired all of the outstanding capital stock of a privately-held application performance management software company. The aggregate consideration transferred in this acquisition
was $60,800,000, which includes cash of $58,400,000 and the fair value of stock options assumed attributed to pre-combination services of $2,400,000.
On Sept. 15, 2009, Co. acquired SpringSource Global, Inc. for approx. $358,000,000 in cash, $17,000,000 in assumed vested stock options, and $45,000,000 in unvested stock options and common stock.
In Feb. 2010, Co. completed its acquisition of Zimbra.
In Apr. 2010, Co. acquired certain software product technology and expertise from EMC Corporation's Ionix IT management business for cash consideration of $175,000,000.
In 2011, Co. sold its investment in Terremark Worldwide, Inc., which was acquired by Verizon in a cash transaction, for $76,000,000.
In Apr. 2011, Co. acquired certain assets relating to EMC�s Mozy cloud-based data storage and data services, including certain data center assets and a license to certain intellectual property, for
approx. $8,000,000.
In 2012, Co. acquired Wanova, a provider of intelligent desktop solutions.
On Aug. 24, 2012, Co. acquired Nicira, Inc., through the merger of Nile Merger Corporation, a subsidiary of Co., with and into Nicira, with Nicira continuing as the surviving corporation and became
Co.'s subsidiary. The aggregate consideration was $1,099,600,000, net of cash acquired, including cash of $1,083,000,000 and the fair value of assumed equity attributed to pre-combination services of
$16,600,000.
On Feb. 15, 2013, Co. acquired Virsto Software, a provider of software that optimizes storage performance and utilization in virtual environments.
In Apr. 2013, Co. and EMC Corporation each contributed technology, people and programs to form a new venture, Pivotal Inc. (Pivotal). As of Dec. 31, 2013, Co. maintained an approximately 28%
ownership interest in Pivotal.
On Oct. 10, 2013, Co. acquired Desktone, Inc., a provider of desktop-as-a-service for delivering Windows desktops and applications as a cloud service.
On Feb. 24, 2014, Co. acquired for cash all of the outstanding membership units of A.W.S. Holding, LLC, the sole member and equity holder of AirWatch LLC. The total purchase price of $1,128,000,000
included cash of $1,104,000,000 and the fair value of assumed unvested equity attributed to pre-combination services totaling $24,000,000.
On Aug. 20, 2014, Co. acquired CloudVolumes, Inc., a provider of real-time application delivery technology that enables enterprises to deliver native applications to virtualized environments
on-demand.
On June 21, 2016, Co. acquired all of the outstanding shares of Arkin Net, Inc. for approximately $67,000,000 of cash, net of liabilities assumed.
In May 2017, Co. sold the VMware vCloud Air business to OVH US LLC.
During the fourth quarter of fiscal 2018, Co. acquired Velocloud Networks, Inc. The total purchase price was $449,000,000, net of cash acquired of $24,000,000.
During the second quarter of fiscal 2018, Co. acquired Wavefront, Inc.
During the fourth quarter of fiscal 2019, Co. completed the acquisition of Heptio Inc. The total purchase price was $420,000,000, net of cash acquired of $15,000,000.
On Oct. 8, 2019, Co.'s wholly-owned subsidiary, Calistoga Merger Corp. ("Merger Sub"), merged with and into Carbon Black, Inc. ("Carbon"), with Carbon continuing as the surviving corporation and
became a wholly-owned subsidiary of Co. As the result of the merger, each issued and outstanding shares of Carbon's common stock, par value $0.001 per share (the "Shares"), immediately prior to the
Effective Time (other than Shares held in the treasury of Carbon and any shares owned by Merger Sub or irrevocably accepted for purchase by Merger Sub in the Offer and Shares held by any Carbon
stockholder who has validly exercised its appraisal rights under the DGCL) was converted into the right to receive $26.00 per Share, representing an enterprise value of $2,100,000,000, in cash,
without interest thereon and less any applicable to withholding taxes.