VMware Inc. has done some more wheeling and dealing with the help of its largest parent company Dell Technologies Inc., has now announced a definitive agreement yesterday to acquire the technology and team behind Dell EMC’s Service Assurance Suite platform.
The Service Assurance Suite comprises software which is mainly used for monitoring the health and performance of information technology networks, and for performing root cause analysis. The company is aimed at communications service providers, it provides visibility and analysis into both physical and virtual networks and cloud environments, and works by identifying how resources are used and whether service level agreements are being met at a point of time.
Once the acquisition goes through, VMware said the plan is to integrate the technology into its Network Functions Virtualization platform for telcos, which is one of the largest networking company, bringing those service assurance capabilities in support of virtual network function deployments.
Service Assurance Suite currently has over 50 service provider customers, VMware said. Those customers, which serve a range of enterprises and government agencies, will continue to have access to the platform.
VMware’s Shekar Ayyar, the company’s executive vice president for strategy and corporate development and general manager of its Telco NFV Group, said the new capabilities would help it facilitate impending 5G network deployments. “As carriers are readying for 5G, they are increasingly virtualizing edge and core networks with network functions virtualization, or NFV,” Ayyar said in a statememt. “Service assurance is a critical need for any network.”
That deal, following months of internal deliberation by Dell’s leadership, resulted in an offer to shareholders of either $109 a share in cash or 1.3665 shares of newly issued Class C stock for each share of the tracking stock, called DVMT.
According to a report, it is said at the time the deal was likely motivated by Dell’s desire to prioritize paying off the massive debt it took on when it acquired EMC Corp. for a cost of $67 billion back in the year 2015.
You may also like: