carbon black vmware acquisition
“The Carbon Black platform, along with VMware NSX, VMware Workspace ONE, VMware Secure State and our future innovations, will deliver a highly-differentiated intrinsic security platform across network, endpoint, workload, identity, cloud and analytics. Carbon Black has created an innovative cloud-native security platform, with a smart, lightweight agent, and an AI/ML-based Data Lake in the Cloud that provides comprehensive protection of endpoints and defense against a variety of threats. Combined Solutions Help Transform the Industry with a Modern Security Cloud Platform Built for Any Application, Running on Any Cloud, on Any Device. About VMware firstname.lastname@example.org By analyzing billions of security events per day across the globe, Carbon Black has key insights into attackers’ behaviors, enabling customers to detect, respond to and stop emerging attacks. PALO ALTO, Calif., October 8, 2019 – VMware, Inc. (NYSE: VMW), a leading innovator in enterprise software, today announced it has completed its acquisition of Carbon Black, a leader in cloud-native endpoint protection, in an all-cash transaction for … Under the terms of the transaction, which was structured as a cash tender offer, Carbon Black shareholders who validly tendered (and did not properly withdraw) their shares in Carbon Black, received $26 per share in cash, representing an enterprise value of $2.1 billion. For an executive perspective from Sanjay Poonen and Patrick Morley, read the VMware Newsroom post: Learn more about the initial announcement here: Read Carbon Black’s blog post on the initial announcement. VMware formally acquired Carbon Black, a leading next-generation security cloud provider on October 8, 2019. Copyright © 2020 VMware, Inc. All rights reserved. Actual results could differ materially from those projected in the forward-looking statements as a result of certain risk factors, including but not limited to: (1) the ability to realize the anticipated benefits of the proposed acquisition, including the possibility that the expected benefits from the proposed acquisition will not be realized or will not be realized within the expected time period; (2) the ability to successfully integrate Carbon Black into VMware; (3) disruption from the transition making it more difficult to maintain business and operational relationships; (4) negative effects of the consummation of the acquisition on the market price of VMware’s common stock, credit ratings and operating results; (5) ongoing and potential litigation and regulatory actions related to the acquisition; (6) other business effects, including the effects of industry, market, economic, political or regulatory conditions; and (7) other unexpected costs or delays in connection with the acquisition; (7) VMware’s customers’ ability to accept emerging technology and to transition to new products and computing strategies; (8) competitive factors, including but not limited to VMware’s ability to compete in new industries, the entry of new competitors into the industries in which VMware competes, and the success of new product and marketing initiatives by VMware and VMware’s competitors; (9) VMware’s ability to enter into and maintain strategically effective partnerships; (10) rapid technological changes in the virtualization software and cloud, end user and mobile computing and security industries; (11) changes to product and service development timelines; (12) VMware’s ability to protect its proprietary technology; (13) VMware’s ability to attract and retain highly qualified employees; (14) adverse changes in general economic or market conditions; (15) changes in VMware’s financial condition; and (16) VMware’s relationship with Dell Technologies and Dell’s ability to control matters requiring stockholder approval. For more information, please visit https://www.vmware.com/company.html. We believe this will bring a fundamentally new paradigm to the security industry.”. VMware Investor Relations VMware software powers the world’s complex digital infrastructure. We are thrilled to join forces as we further our vision of creating a world safe from cyberattacks.”. “Delivering Intrinsic, Intelligent, and Informed Security”, “The Next Chapter in Our Story: VMware + Carbon Black”. PALO ALTO, Calif., Oct. 08, 2019 (GLOBE NEWSWIRE) -- VMware, Inc. (NYSE: VMW), a leading innovator in enterprise software, today announced it has completed its acquisition of Carbon Black… Carbon Black has created an innovative cloud-native security platform, with a smart, lightweight agent, and an AI/ML-based Data Lake in the Cloud that provides comprehensive protection of endpoints and defense against a variety of threats. PALO ALTO, Calif., October 8, 2019 – VMware, Inc. (NYSE: VMW), a leading innovator in enterprise software, today announced it has completed its acquisition of Carbon Black, a leader in cloud-native endpoint protection, in an all-cash transaction for $26 per share, representing an enterprise value of $2.1 billion. The … Forward-Looking Statements These forward-looking statements are subject to the safe harbor provisions created by the Private Securities Litigation Reform Act of 1995. Director of Global Communications, Carbon Black 917-693-2788 The transaction was funded through cash on the balance sheet, and by accessing short-term borrowing capacity. We are delighted to announce that VMware has completed its acquisition of endpoint security leader Carbon Black. email@example.com Reduce the attack surface and protect critical assets with advanced security purpose-built for workloads. “Carbon Black brings us an industry-leading endpoint and workload security platform, with a cloud-native architecture, an AI-powered data lake and a smart, lightweight agent,” said Sanjay Poonen, chief operating officer, Customer Operations, VMware. Closing of the transaction is expected in the second half of VMware’s fiscal year 2020, ending January 31, 2020, and is subject to customary conditions, including, VMware’s acquisition of at least a majority of the shares of Carbon Black… Carbon Black is a leader in cloud-native endpoint protection dedicated to keeping the world safe from cyberattacks. Transform your security with cloud native endpoint protection that adapts to your needs. About Carbon Black The Carbon Black acquisition came alongside another deal to buy Palo Alto-based enterprise software company Pivotal (NYSE: PVTL), which VMware also announced Thursday. The Carbon Black acquisition came alongside another deal to buy Palo Alto-based enterprise software company Pivotal (NYSE: PVTL), which VMware also announced Thursday. Together, built on its existing partnership, VMware and Carbon Black provide customers advanced threat detection and in-depth application behavior insight to stop sophisticated attacks and accelerate responses. Carbon Black will form the nucleus of VMware’s Security offering, focused on helping VMware customers with advanced cybersecurity protection, and in-depth behavioral insight to help stop sophisticated attacks and accelerate response. More than 5,600 global customers, including approximately one third of the Fortune 100, trust Carbon Black to protect their organizations from cyberattacks. The company’s partner ecosystem features more than 500 MSSPs, VARs, distributors and technology integrations, as well as many of the world’s leading IR firms, who use Carbon Black’s technology in more than 500 breach investigations per year. This communication contains forward-looking information related to VMWare, Carbon Black and the proposed acquisition of Carbon Black by VMWare that involves substantial risks and uncertainties that could cause actual results to differ materially from those expressed or implied by such statements. In October 2019, VMware acquired Carbon Black, a leading next-generation security cloud provider. Carbon Black created an innovative cloud-native security platform with a smart, lightweight agent, and an AI/ML-based Data Lake in the Cloud that provides comprehensive protection of endpoints and defense against a variety of threats. With the close of the acquisition, VMware is launching a new Security Business Unit within the company. The CB Predictive Security Cloud® (PSC) consolidates endpoint protection and IT operations into an endpoint protection platform (EPP) that prevents advanced threats, provides actionable insight and enables businesses of all sizes to simplify operations. Carbon Black CEO Patrick Morley will be serving as the general manager of this new group reporting to Sanjay Poonen, chief operating officer, Customer Operations, VMware. In October 2019, VMware acquired Carbon Black, a leading next-generation security cloud provider.
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