VMware said on Thursday it bought two software companies in separate deals valued at about $5 billion, looking to expand the range of products and services it offers to its corporate clients.
In a deal brokered by Dell Technologies, VMware bought Pivotal Software for $2.7 billion. Dell is a controlling stakeholder in both companies.
Separately, VMware said it would buy software maker Carbon Black for about $2 billion in cash as it seeks to expand the range of security products.
VMWare makes cloud computing software, while Pivotal provides tools for software developers working on cloud services. Carbon Black, on the other hand, has a cloud security platform that uses big data and behavioral analytics to protect against cyberattacks.
VMware will pay $26 per share for