VMware has reached a deal to acquire mobile management specialist AirWatch for US$1.54 billion, with $1.175 billion being paid in cash and $365 million arriving in installment payments and assumed unvested equity.
A privately owned company based in Atlanta with 1,600 employees, AirWatch has attracted 10,000 enterprise customers worldwide since it was founded in 2003.
The AirWatch platform allows an end user to receive work email, set up a VPN to access organisational files, and run enterprise applications, all with proper security measures in place.
It provides the administrator with the ability to limit what resources a user can access on the corporate network, and can offer reports on which devices are not compliant with security rules, and send alerts to devices. It provides the ability to erase all corporate data should the device get lost or stolen and can track the device’s location.
AirWatch’s software works with Android, Apple iOS and Macintosh, Microsoft Windows desktop and mobile phone devices, and BlackBerry and Symbian devices.