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New Deal


Announced

VMware to acquire Datrium.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Pending

disaster

Private

Majority

Acquisition

Single Bidder

disaster restoration

United States

Digital Services

Friendly

Disposal

Private Equity

Synopsis

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VMware, an American software company, agreed to acquire Datrium, a cloud-native disaster recovery provider. Financial terms were not disclosed. "By joining forces with VMware, we’ll be able to accelerate our roadmap plans to support all the major cloud platforms, work with a broader partner community, including more than 4.4k members of the VMware Cloud Provider Program, and deliver more innovation faster," Tim Page, Datrium CEO.

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