Home VMware Acquisition Spree Continues with Digital Fuel Acquisition

VMware Acquisition Spree Continues with Digital Fuel Acquisition

VMware announced that it will acquire Digital Fuel, an IT financial software-as-a-service provider, for an undisclosed amount. Last week, Globes speculated that Digital Fuel would be acquired for $85 million.

VMware has been on an acquisition spree, having acquired Socialcast and SlideRocket in the past two months.

Digital Fuel was founded in 2000 and sells software for managing service level agreements (SLAs) and other financial aspects relating to IT. It’s an interesting move that compliments VMware’s existing set of products for managing virtual machines.

Digital Fuel competes with Apptio, a market partner with VMware.

About ReadWrite’s Editorial Process

The ReadWrite Editorial policy involves closely monitoring the tech industry for major developments, new product launches, AI breakthroughs, video game releases and other newsworthy events. Editors assign relevant stories to staff writers or freelance contributors with expertise in each particular topic area. Before publication, articles go through a rigorous round of editing for accuracy, clarity, and to ensure adherence to ReadWrite's style guidelines.

Get the biggest tech headlines of the day delivered to your inbox

    By signing up, you agree to our Terms and Privacy Policy. Unsubscribe anytime.

    Tech News

    Explore the latest in tech with our Tech News. We cut through the noise for concise, relevant updates, keeping you informed about the rapidly evolving tech landscape with curated content that separates signal from noise.

    In-Depth Tech Stories

    Explore tech impact in In-Depth Stories. Narrative data journalism offers comprehensive analyses, revealing stories behind data. Understand industry trends for a deeper perspective on tech's intricate relationships with society.

    Expert Reviews

    Empower decisions with Expert Reviews, merging industry expertise and insightful analysis. Delve into tech intricacies, get the best deals, and stay ahead with our trustworthy guide to navigating the ever-changing tech market.