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Virtualization and cloud infrastructure solutions provider VMware is set to acquire mobile security firm AirWatch for around $1.5 billion (1.1 billion). About $1.175 billion (0.87 billion) will be paid in cash, while another $365 million (269 million) represents installment payments and assumed unvested equit…

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(Reuters) – Cloud software maker VMWare Inc said it would buy mobile security company AirWatch for about $1.18 billion in cash and about $365 million in installment payments and assumed unvested equity. AirWatch will become a unit of VMWare and its employees will continue to report to AirWatch founder and Chief Executive John Marshall. (Reporting […]

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