On April 12, VMware announced its intention to acquire Wavefront, an innovative startup that provides a solution for monitoring applications in the cloud at scale. Wavefront offers real-time analytics, enterprise-grade frameworks, intelligent alerting, and a comprehensive API. Among its customers are some of the darlings of the SaaS marketspace: Box, Lyft, Groupon, and Yammer, among others.
There is no indication of the costs that are involved. According to the VMware press release, the deal is expected to close in calendar Q2 2017 and will not have a material impact on its financial year 2018.
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