VMware buys Socialcast for undisclosed price
Software maker VMware Inc. said Tuesday that it bought Socialcast, which offers social collaboration software for businesses. Terms of the deal were not disclosed.
VMware makes virtualization software that allows one computer to function as several, helping businesses cut costs by saving on energy and equipment. Socialcast's software helps employees to work together, enabling them to share data and interact with each other, no matter their physical location.
Socialcast's customers include VMWare itself, Nokia Corp. and Humana Inc., among others.
The deal follows VMWare's recent purchases of SlideRocket and Zimbra. The company said it aims to equip mobile work forces with access to data from any location and device.
VMware shares finished regular trading up 2 cents at $97.32.