Deals
VMware to Buy AirWatch for $1.54 Billion to Add Mobile Tools
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VMware Inc., the biggest maker of software that lets computers run different operating systems, agreed to buy AirWatch LLC for as much as $1.54 billion, adding technology to help businesses manage and protect mobile devices.
VMware will pay $1.18 billion in cash and $365 million in installment payments and assumed unvested equity, the Palo Alto, California-based company said today in a statement.