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VMware to buy cloud metrics monitoring service, Wavefront

VMware Inc is acquiring Palo Alto, California-based Wavefront, a metrics monitoring service for cloud and modern application environments. According to PE Hub, financial terms of the deal were not disclosed. The deal is expected to close in the second quarter of this year. Wavefront’s backers include Sequoia Capital, Sutter Hill Ventures and Tenaya Capital.

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M&A,mergers and acquisitions,venture capital,deals,cloud services,Cross-Cloud Architecture