Categories: NewsStartups

VMware acquires PLUMgrid

PlumGrid, one of the Pakistan’s First OpenStack Cloud deployers, has been acquired by VMWare, for a deal, the details of which hasn’t yet been disclosed.

In the deal which closed this Friday, VMWare has opted to buy assets at PLUMGrid along with a few employees. In a blog post dated this Friday, one of the PLUMgrid founder Pere Monclus said that the startup has been acquired and that many of the current team has already joined the new team. The post went on to state the team accomplishments and thanked them. VMware has acknowledged the closed deal on acquiring certain IP assets from PLUMgrid and that it will be taking in a number of employees as well.

The post read,

“Today we’re announcing that we will be starting a new journey as we continue revolutionizing and transforming the networking industry to build and expand on software-defined infrastructure for private and public clouds. Our technology and IP have been acquired, and many of our employees have joined a new team.

VMWare is a subsidiary company of Dell Technologies which provides cloud services and virtualization software services, security and OpenStack services. The company primarily targets the x86 architecture. Having acquired PLUMGrid,VMWare will have a more insight and prowess into the OpenStack SDN and Cloud domain.

PLUMGrid is an OpenStack software-defined networking (SDN) startup which provides cloud solution services to the consumers. The startup was being founded by Awais Nemat which was a Pakistani, and the other founders being Sushil Singh, and Pere Monclus. Since 2011 when it was founded, PLUMGrid has been providing secure and scalable SDN and NFV solutions particularly for container and OpenStack cloud services.

Sponsored
Muneeb Ahmad

I love to talk about global tech-happenings, startups, industry, education and economy. Get in touch: muneeb@techjuice.pk.

Share
Published by
Muneeb Ahmad

Recent Posts

PTV Faces Criticism Over Misleading Chemotherapy Statements

ISLAMABAD: On Pakistan Television (PTV), medical experts raised serious concerns over false information on chemotherapy…

21 mins ago

OpenAI Rolls Out Advanced Voice Mode for macOS ChatGPT App

OpenAI has introduced Advanced Voice Mode to ChatGPT's desktop applications for macOS apps, enabling users…

32 mins ago

Garena Free Fire India Launch Rumors: What Fans Need to Know

Reports suggest that Garena Free Fire is set to make a much-anticipated return to India.…

19 hours ago

Albania Bans TikTok for One Year: Here’s the Reason!

The Albanian government has announced a ban on the social media platform TikTok for a…

22 hours ago

Google Pixel 9 Pro vs. 8 Pro: Biggest Upgrades Compared

The launch of Google’s latest Pixel lineup brings an exciting chance to compare the new…

1 day ago

Azad Kashmir to Host Pakistan’s First Women-Centric Software Technology Park

ISLAMABAD: In February next year, Pakistan is set to launch its first women-focused software technology…

1 day ago