Tag Archives: Pivotal
Another billion dollar acquisition for VMware
Mobile device management (MDM) had its first billion dollar exit last week, when one of the leading startups in the space, Airwatch, was acquired by VMware for more than $1.5 billion. An eleven year old Atlanta-based company, Airwatch has more than 10,000 customers and between $125 and $150 million in revenues. From a technology trends […]
Pivotal’s First Acquisition
Back in May, we had discussed the launch of Pivotal, the EMC family’s take on PaaS. Well, Pivotal last week made a small but interesting acquisition of Toronto-based mobile development and strategy shop Extreme Labs for $65 million in cash. Extreme Labs has approximately 300 employees, and has built mobile apps for companies such as […]