Source URL: http://marketrealist.com/2017/03/how-vmwares-1-3-billion-nicira-acquisition-is-helping-it/
VMware (VMW) parted with $1.3 billion three years ago to acquire Nicira, a software-defined networking company. Now, VMware is beginning to show that it made the right decision.
The company recently said that it was eyeing $1 billion in the current year from the sale of a product made possible by its Nicira acquisition. The product is called NSX, and it’s aimed at companies that want to save money and effort in adjusting their network infrastructures to align with their needs.
Calsoft Whitepaper: Software Defined Storage-Quality Assurance
The market for network virtualization systems, including software and hardware, is expected to be worth $15.5 billion by 2020, up sharply from $2.7 billion in 2015, according to IHS Markit.
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Calsoft is a leading software product engineering services company specializing in Storage, Networking, Virtualization and Cloud business verticals. Calsoft provides End-to-End Product Development, Quality Assurance Sustenance, Solution Engineering and Professional Services expertise to assist customers in achieving their product development and business goals. www.calsoftinc.com