VMware Buys Networking Specialist VeloCloud

Nov 02, 2017

Enterprise Tech:

VMware has moved deeper into the networking sector with its deal to acquire a startup focused on wide-area networks used to connect datacenters.

The company (NYSE: VMW) confirmed Thursday (Nov. 2) it is acquiring VeloCloud Networks, a provider of cloud-based, software-defined network technology to enterprises and telecommunications service providers. Terms of the deal were not disclosed.

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Read MetTel’s statement of the VMWare-VeloCloud announcement >

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