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>> VMWARE Latest News

FEB 11, 2013 - AllThingsD

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VMWare to Acquire Storage Software Company Virsto

VMWare said today it had reached a deal to acquire Virsto, a maker of software that specializes in optimizing storage in virtual and cloud computing environments. Financial terms were not disclosed. Virsto was founded in 2007 and had raised about $24 million in venture capital funding from August Capital, Canaan Partners, Interwest Partners, Southern Cross Venture Partners and Correlation Ventures. VMWare shares fell more than 2 percent during the day to $77.04 per share.

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