How VMWare’s $1.3 Billion Nicira Acquisition Is Helping It

Published by:http://marketrealist.com
Source URL: http://marketrealist.com/2017/03/how-vmwares-1-3-billion-nicira-acquisition-is-helping-it/

VMware (VMW) parted with $1.3 billion three years ago to acquire Nicira, a software-defined networking company. Now, VMware is beginning to show that it made the right decision.

The company recently said that it was eyeing $1 billion in the current year from the sale of a product made possible by its Nicira acquisition. The product is called NSX, and it’s aimed at companies that want to save money and effort in adjusting their network infrastructures to align with their needs.

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