July 23, 2012 – Less than a week after a leadership shakeup, VMware announced its intent to acquire virtualization vendor Nicira for $1.05 billion in cash plus millions more in equity awards.

Nicira specializes in software-defined networking and network virtualization platforms, particularly for public and private clouds.  It was founded in 2009 by collaborators on OpenFlow and the Open Networking Forum, and includes engineers from VMware, Google and Yahoo!

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