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VMware acquires CloudHealth Technologies for multi-cloud management

The post VMware acquires CloudHealth Technologies for multi-cloud management appeared first on BardTech . VMware is hosting its VMworld customer conference in Las Vegas this week, and to get things going it announced that its acquiring Boston-based CloudHealth Technologies . They did not disclose the terms of the deal, but Reuters is reporting the price is $500 million . CloudHealth provides VMware with a crucial multi-cloud management platform that works across AWS, Microsoft Azure and Google Cloud Platform, giving customers a way to manage cloud cost, usage, security and performance from a single interface. Although AWS leads the cloud market by a large margin, it is a vast and growing market and most companies are not putting their eggs in a single vendor basket. Instead, they are looking at best of breed options for different cloud services. This multi-cloud approach is great for customers in that they are not tied down to any single provider, but it does create a manage...