. home.aspx

NEWS

home.aspx
   


VMware inches closer to Carbon Black buyout

September 08, 2019 / Mark Haranas
SHARESHARESHARE

VMware is nearing the closing of its $2.1 billion acquisition of endpoint security specialist Carbon Black. On Friday, VMware unveiled that subsidiary Calistoga Merger Corp. has commenced a cash tender offer to purchase all of the outstanding shares of common stock of Carbon Black for a price of US$26 per share. The offer is set to expire at the end of the day on 3 October, 2019.Carbon Black’s stock closed on Friday at US$26.09 per share. On 22 August, VMware disclosed that it had entered into a definitive agreement to acquire Carbon Black. VMware said the purchase will allow the virtualisation superstar to provide a next-generation security cloud with Carbon Black’s protection suite and VMware’s intrinsic security assets.