VMware will acquire Carbon Black, according to a definitive agreement inked by the two companies.

Carbon Black stockholders will receive $26 per share cash, putting the net cash payout for VMware at $1.9 billion and representing an enterprise value of $2.1 billion, said a release from VMWare, which also will acquire Pivotal Software in a separate deal.

“These acquisitions address two critical technology priorities of all businesses today – building modern, enterprise-grade applications and protecting enterprise workloads and clients,” said VMWare CEO Pat Gelsinger. “With these actions we meaningfully accelerate our subscription and SaaS offerings and expand our ability to enable our customers’ digital transformation.”

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