Deals
VMware to Buy Nicira Network Software for $1.26 Billion
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VMware Inc. is buying Nicira Inc. for $1.26 billion in cash and equity, adding technology that helps networks run more efficiently to broaden its appeal to companies seeking to cut hardware costs.
Palo Alto, California-based VMware, already the biggest maker of software that enables computers to handle multiple operating systems, will use the technology to offer similar services for networks that link computer systems, Paul Maritz, VMware’s chief executive officer, said yesterday in a statement.