Software company VMware agreed to acquire Carbon Black and Pivotal for a total value of $4.8 billion. Shares of VMware slipped 4% in aftermarket trading, while Pivotal gained as much as 8% and Carbon Black saw shares halted. Read more on Markets Insider. Software company VMware said on Thursday that it will acquire two companies for a total of $4.8 billion: Carbon Black for $2.1 billion and Pivotal for $2.7 billion. The deal is expected to close by the end of January 2020, CNBC reported.
Software company VMware agreed to acquire Carbon Black and Pivotal for a total value of $4.8 billion. Shares of VMware slipped 4% in aftermarket trading, while Pivotal gained as much as 8% and Carbon Black saw shares halted. Read more on Markets Insider. Software company VMware said on Thursday that it will acquire two companies for a total of $4.8 billion: Carbon Black for $2.1 billion and Pivotal for $2.7 billion. The deal is expected to close by the end of January 2020, CNBC reported.
Dropped close to 5% after hours... tough scene
Atleast we know it wasn’t that guy who agreed to buy them.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
VMware to acquire Carbon Black, Pivotal SoftwareVMware Inc. announced two blockbuster acquisitions of public companies Thursday afternoon, one of which was expected. VMware will acquire corporate sibling...
Source: MarketWatch - 🏆 3. / 97 Read more »
VMware acquires security start-up Intrinsic in ongoing cloud pushVMware has become accepting of the corporate rush to the cloud. A new acquisition could help it make more revenue as companies adopt a modern approach called serverless computing.
Source: CNBC - 🏆 12. / 72 Read more »
Wildfires are becoming so frequent and intense they are turning forests from carbon sinks into climate heatersBoreal forests store one-third of all terrestrial carbon—but for how long? This is exactly the reason why I've had reservations regarding all this talk about planting trees on a mega-mass scale around the world. It is not the solution many expect it to be. Wildfires will obviously just get more frequent as we go deeper into our collective climate Hell ! We are doomed and we deserve it.
Source: Newsweek - 🏆 468. / 52 Read more »
VMware to acquire Carbon Black, Pivotal SoftwareVMware Inc. announced two blockbuster acquisitions of public companies Thursday afternoon, one of which was expected. VMware will acquire corporate sibling...
Source: MarketWatch - 🏆 3. / 97 Read more »
‘Gradual’ economic slowdown predicted through 2023U.S. economic growth is expected to “gradually” slow over the next four years, Congress’ nonpartisan budget scorekeeper predicted There once was a man named Trump, Who caused our economy to slump, From his tariffs on China, And causing Wall Street's angina, He wrecked Obama's work like a chump. Sugar high from tax bill wears off quickly. Pay for itself, tremendous growth rate, middle class tax cut all B.S. And crash if Dems take the Presidency.
Source: politico - 🏆 381. / 59 Read more »
Hasbro to buy 'Peppa Pig' and 'PJ Masks' corporate owner in $4 billion dealHasbro Inc. plans to purchase an entertainment company that holds the rights to children's entertainment properties 'Peppa Pig' and 'Pj... Always good for consumers when billion dollar+ companies merge. Thx!
Source: MarketWatch - 🏆 3. / 97 Read more »