Avi Networks, which raised $115m from investors including Cisco Investments, has agreed to an acquisition by VMWare for an unspecified sum.

Avi Networks, a US-based automated application services provider backed by networking equipment manufacturer Cisco, yesterday agreed to an acquisition by software virtualisation company VMWare. Financial terms of the transaction have not been disclosed. It is expected to close during VMware’s fiscal second quarter for the 2020 financial year, subject to customary closing conditions. Founded in…

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