dcsimg
 

VMware Buys Business Management Software Maker Digital Fuel

By Channel Insider Staff  |  Posted 2011-06-14 Email Print this article Print
 
 
 
 
 
 
 

WEBINAR:
On-Demand

Re-Thinking HR: What Every CIO Needs to Know About Tomorrow's Workforce


Digital Fuel specializes in IT financial and business management software as a service.

VMware made a move into the business-management software as a service sector June 13 by acquiring Israel-based Digital Fuel.

Terms of the transaction were not released by either company, but Globes, an Israeli business Website that has covered the burgeoning IT scene in that country for a long while, reported that the deal cost VMware $85 million.

VMware, which acquired enterprise social-collaboration software maker SocialCast only two weeks ago, now has added five companies to its fold this year.

Eleven-year-old Digital Fuel, founded by President and CEO Yisrael Dancziger, specializes in IT financial and business management software as a service. Its products and services enable companies to manage and optimize cost in cloud systems.


To read the original eWeek article, click here: VMware Acquires Business Management SAAS Provider Digital Fuel
 
 
 
 
 
 
 
 
 
























By submitting your information, you agree that channelinsider.com may send you channelinsider offers via email, phone and text message, as well as email offers about other products and services that channelinsider believes may be of interest to you. channelinsider will process your information in accordance with the Quinstreet Privacy Policy.

 
 
 
 
 
 

Submit a Comment

Loading Comments...
























By submitting your information, you agree that channelinsider.com may send you channelinsider offers via email, phone and text message, as well as email offers about other products and services that channelinsider believes may be of interest to you. channelinsider will process your information in accordance with the Quinstreet Privacy Policy.

 
 
 
 
 
 
 
 
 
Thanks for your registration, follow us on our social networks to keep up-to-date