VMWare To Acquire AirWatch For $1.54 Billion

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Mani
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VMware, Inc. (NYSE:VMW) is set to buy mobile security company AirWatch to bolster its move to realize its vision of using software to manage the surge of mobile devices in the workplace. The proposed acquisition would help VMware, Inc. (NYSE:VMW) provide a holistic solution to manage users, devices and applications across desktop and mobile environments. MDM – A hot sector Larry Dingan of ZDNet believes mobile device management has been a hot sector desperately in need of consolidation given there are over 100 vendors. Increasing preference has been shown by large enterprises to combine mobile device management with content management and…

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Mani is a Senior Financial Consultant. He has worked in Senior Management role in large banking, financial and information technology organizations. He has provided solutions for major banking and securities firms across the globe in the area of retail, corporate and investment banking. He holds MBA (Finance) and Professional Management Accounting Qualifications. His hobbies are tracking global financial developments and watching sports