VMware is Spending $500 Million to Acquire Startup That Will Boost its Cloud Business
VMware will acquire CloudHealth Technologies, the company announced Monday.
- VMware will place approximately $500 million for the startup, sources told Reuters.
- CloudHealth Technologies will help VMware in its strategy to move toward cloud-based software services.
VMware will acquire CloudHealth Technologies as part of the information technology company's continued push into cloud-based software services, the company announced on Monday...