VMware Reveals Intent to Acquire Avi Networks
Posted on 06/14/2019
VMware, Inc. disclosed its intent to acquire Avi Networks, a company involved in multi-cloud application delivery services. Amit Pandey is the CEO of Avi Networks. Avi Networks raised capital from investors such as Greylock Partners, Cisco Investments, DAG Ventures, Menlo Ventures, and Lightspeed Venture Partners.
According to a press release from VMware, “Upon close with Avi Networks, VMware will offer both built-in load balancing capabilities as part of VMware NSX Data Center, and an advanced, standalone ADC. The Avi platform enables organizations to overcome the complexity and rigidness of legacy systems and ADC appliances with modern, software-defined application services.”