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VMWare to buy mobile security firm AirWatch in $1.54 bln deal
January 22, 2014 / 12:15 PM / 4 years ago

VMWare to buy mobile security firm AirWatch in $1.54 bln deal

Jan 22 (Reuters) - Cloud software maker VMWare Inc said it would buy mobile security company AirWatch for about $1.18 billion in cash and about $365 million in installment payments and assumed unvested equity.

AirWatch will become a unit of VMWare and its employees will continue to report to AirWatch founder and Chief Executive John Marshall.

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