VMware, a leading provider of cloud computing and virtualization software and services, acquires Bitfusion, a pioneer in virtualization of accelerated computing with a strong focus on GPU technology. Financial terms were not disclosed. Once closed, the acquisition of Bitfusion will bolster VMware’s strategy of supporting AI- and ML-based workloads by virtualizing hardware accelerators. Multi-vendor hardware accelerators and the ecosystem around them are key components for delivering modern applications. These accelerators can be used regardless of location in the environment – on-premises and/or in the cloud. "We look forward to welcoming the team from Bitfusion to VMware and working with them to help us deliver a cloud operational model to an emerging part of the data center as well as bridge the gap between the traditional CPU-only infrastructure and infrastructure featuring hardware acceleration technologies." Krish Prasad, VMware General Manager