VMware, world renowned cloud infrastructure firm has acquired Arkin, a startup with data centers based in Pune and United States providing services in cloud infrastructure management. The financial details and terms of the deal were not disclosed by the companies, however, according to the officials at both sides, the transaction will get completed within the ongoing quarter.
Once the acquisition formalities are completed, Arkin will join the cloud management business unit of VMware. FYI, Arkin was already a partner with VMware NSX, network virtualization platform which can be operated using most of the available networking hardware.
Arkin was started by Shiv Agarwal, Rohit Toshniwal and Mukul Gupta. It simplifies the collaborating approach to operations, thus reducing the barriers to SDDC (Software defined data center). It provides a search engine which lets the organisations rapidly search, share and collaborate with the other virtual and physical layers of the organisation. Arkin provided the product as a standalone solution deployed in client’s server or at the Arkin’s cloud.
In 2015, Arkin had raised $15 million in series B funding from Nexus Venture Partners and other investors, also, prior to that, it had raised $7 Million from Nexus and a few other angel investors.