VMware is to acquire select technologies from parent company EMC, reports TechCrunchIT.
The virtualization juggernaut will essentially be buying up certain technologies from EMC’s Ionix IT management business, including solutions aimed at delivering improved management and deployment of servers and applications in a virtualized data center. VMware will acquire all technology and intellectual property of FastScale, Application Discovery Manager, Server Configuration Manager and Service Manager.
As part of the agreement, EMC will retain the Ionix brand and have full reseller rights to continue to offer customers the products acquired by VMware.
The transaction is valued at $200 million and is expected to close in the second calendar quarter of 2010.
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