VMware, a software provider for digital infrastructure, has agreed to acquire cloud-native endpoint protection platform Carbon Black in a deal with $2.1bn.
The sale sees VMware purchase the company at a value of $26 per share.
From buying the company VMware hopes to offer differentiated, intrinsic security cloud services which will protect enterprises by leveraging big data, behavioural analytics, and AI.
Carbon Black is a security cloud provider which utilises big data, behavioural analytics, and AI tp stop cyberattacks. Its services include threat hunting, anti-virus, ransomware protection, securing key virtualised infrastructure, incident response, risk and compliance, malware protection, and enterprise AV replacement.
By combining Carbon Black with VMware, companies could access cloud security services for any device, with advanced threat detection and behaviour insights.
Carbon Black CEO Patrick Morley said, “Today marks an exciting milestone for Carbon Black, VMware and the entire cybersecurity industry. We now have the opportunity to seamlessly integrate Carbon Black’s cloud-native endpoint protection platform into all of VMware’s control points. This type of bold move is exactly what the IT and security industries have been looking to see for a very long time.
“We look forward to working with the VMware team to continue delivering a modern security cloud platform to customers around the world. Additionally, we’re pleased that today’s transaction provides Carbon Black’s shareholders with immediate and substantial value.”