Pivotal Commware ships 5G repeater for window mounting

Pivotal Commware announced the commercial shipment of its 28 GHz Pivotal Echo 5G subscriber repeater to a Tier 1 mobile network operator in the United States. The unit acts as a wireless portal between indoor and outdoor environment, facilitating the delivering of fixed wireless access (FWA) to homes and enterprises by a mobile operator.

The Echo 5G is a self-installable, on-the-window, precision beamforming repeater designed to counteract mmWave penetration, reflection, and structural shadowing losses so it can gently flood an interior with mmWave signal.

“Pivotal and its customers believe that the immersive 5G experiences people and businesses want in media, health, retail and so much more, are possible only with the massive bandwidth available at mmWave frequencies,” said Brian Deutsch, CEO of Pivotal Commware. “Echo 5G has solved the mmWave indoor penetration challenge. Now, mmWave license holders worldwide can boost their service to its full potential.”

Pivotal’s next product, an outdoor network repeater called Pivot 5G, will be introduced in the first half of 2020.

http://www.pivotalcommware.com

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VMware to acquire Pivotal for $2.7 billion, focus on Kubernetes

VMware agreed to acquire Pivotal Software at a valuation of $2.7 billion.

Pivotal supplies a developer-centric platform, tools and services that accelerate modern app development. Pivotal is also a major contributor to the Spring developer framework, which sees more than 75 million downloads per month. The company is fully embracing Kubernetes with the recent launch of Pivotal Spring Runtime for Kubernetes and the upcoming Pivotal Application Service for Kubernetes. Pivotal was founded in 2013 and completed its IPO in 2018.

VMware and Pivotal noted their shared history of collaboration and joint innovation, reflected in the co-development and launch of VMware Pivotal Container Service (PKS) in February of 2018. VMware has increased its Kubernetes-related investments over the past year with the acquisition of Heptio, and the Kubernetes founders, to become one of the top three contributors to Kubernetes.

“The time is ideal to join forces with VMware, an industry leader who shares our commitment to open source community contributions and our focus on adding developer value on top of Kubernetes,” said Rob Mee, CEO, Pivotal.  “VMware has a proven track record of helping organizations run and manage consistent infrastructure in support of mission critical applications, and our two companies have already built a strong foundation on our successful VMware PKS collaboration. We look forward to continuing our work with VMware to provide even more value to customers building modern applications.”

“Kubernetes is emerging as the de facto standard for multi-cloud modern apps. We are excited to combine Pivotal’s development platform, tools and services with VMware’s infrastructure capabilities to deliver a comprehensive Kubernetes portfolio to build, run and manage modern applications,” said Pat Gelsinger , CEO of VMware. “Importantly, adding Pivotal to our platform, accelerates our broader Any Cloud, Any App, Any Device vision and reinforces our leadership position in modern multi-cloud IT infrastructure.”

https://investors.pivotal.io/news/financial-news/press-release-details/2019/VMware-Signs-Definitive-Agreement-to-Acquire-Pivotal-Software/default.aspx

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Pivotal prices IPO at $15 per share

Pivotal Software, a division of Dell that offers a cloud-native platform for enterprises that delivers "any app to every major private and public cloud", priced its initial public offering of 37,000,000 shares of its Class A common stock at a price to the public of $15.00 per share. Pivotal is offering 33,117,000 shares of its Class A common stock and General Electric, the selling stockholder, is offering 3,883,000 shares of Class A common stock (which represents approximately 20% of General Electric’s position in Pivotal).

Pivotal is seeking a listing on the New York Stock Exchange under the ticker symbol "PVTL".

Pivotal Software was formed as an independent company in 2012 after spinning out of EMC Corp. and VMware (which was majority-owned by EMC). In 2013, GE invested $105 million for a 10% stake.

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Pivotal to offer 37 million shares with IPO range of $14-$16

Pivotal Software, a division of Dell that offers a cloud-native platform for enterprises that delivers "any app to every major private and public cloud", announced the launch of its initial public offering of 37,000,000 shares of its Class A common stock. Pivotal says its foundry platform helps improve software developer productivity, operational efficiency, security and availability for enterprise apps. High availability. Ops tea Pivotal is offering 33,117,000 shares of its Class A common stock and General Electric, the selling stockholder, is offering 3,883,000 shares of Class A common stock (which represents approximately 20% of General Electric’s position in Pivotal). The initial public offering price is expected to be between $14.00 and $16.00 per share.

This would raise up to $592 million.

Pivotal is seeking a listing on the New York Stock Exchange under the ticker symbol "PVTL".

Pivotal Software was formed as an independent company in 2012 after spinning out of EMC Corp. and VMware (which was majority-owned by EMC). In 2013, GE invested $105 million for a 10% stake.

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Pivotal Raises $253 million from Ford, Microsoft

Pivotal, a start-up based in Palo Alto, California, expects to close a Series C financing round highlighted by $253 million in new cash, led by new investor Ford Motor Company, in conjunction with Microsoft and all previous investors GE, EMC and VMware.

Pivotal Cloud Foundry is an enterprise cloud native platform for building new software "at startup speed." The company said its Cloud Native platform drives software innovation for many of the world’s most admired brands.

Microsoft said its investment in Pivotal is a response to growing enterprise developers’ desire for an even closer relationship between Pivotal Cloud Foundry and Microsoft Azure.

Pivotal announced the following milestones:

• The company now works with seven of the top 10 U.S. banks, three of the top five global auto manufacturers, and five of the top 10 telecommunication companies.
• Recently announced first-quarter 2016 revenue of $83 million, up 56% year over year
• Annualized recurring revenue of $116 million at March 31, 2016, up more than 200% year over year for Pivotal’s subscription software products—Pivotal Cloud Foundry and Pivotal Big Data Suite
• Pivotal Cloud Foundry and Pivotal Big Data Suite having crossed the $200 million and $100 million annual bookings run-rate milestones, respectively
• Over 2,000 employees and 17 offices worldwide
• Pivotal works with nearly one-third of the Fortune 100 companies, including industry leaders such as GE, Ford, Verizon, Home Depot, Comcast, Humana, Lockheed Martin, and Allstate, each using Pivotal’s products and services to digitally transform their businesses and disrupt established markets.

“Here at Pivotal we are partnering with customers to create a world where the largest and most admired companies can build and run software like Google, Uber or any venture-backed startup. This investment will accelerate our global reach to bring our unique software development methodology and modern cloud platform and analytics tools to every forward-thinking CEO,” said Rob Mee, Pivotal CEO. “We are excited to announce Ford and Microsoft as strategic partners to help introduce Pivotal’s transformative cloud and analytics software to the next thousand customers.”

http://pivotal.io/

Pivotal Acquires CloudCredo for Cloud Foundry Expertise

Monday, December 21, 2015  #cloud, EMC, Mergers and Acquisitions, Start-ups, UK, Vmware  2 comments

 Pivotal, has acquired CloudCredo, a privately-held software developer based in London, along with CloudCredo subsidiary, stayUp, a log analysis technology company for Cloud Foundry.

CloudCredo has a highly-regarded team of Cloud Foundry experts.  Pivotal said the acquisition will will better enable enterprise adoption of Pivotal Cloud Foundry.

Pivotal is a spin-out and joint venture of EMC Corporation and its subsidiary VMware. The Pivotal Cloud Native Platform offers integrated application framework, runtime and infrastructure automation capabilities.

“CloudCredo enhances Pivotal’s powerful next-generation portfolio of products and services by bringing extensive knowledge of deploying, running and customizing Cloud Foundry for some of the world’s largest and most admired brands,” said Rob Mee, CEO of Pivotal. “With this expertise, we can better help our customers transform their enterprises by embracing and leveraging Pivotal’s Cloud Native platform more quickly.“

“When we started CloudCredo, we were profoundly influenced by The Pivotal Way. It shaped our approach to modern software development, our culture promoting openness and doing things the right way, and passion for delivering differentiated value to our customers,” says Colin Humphreys, CloudCredo Co-Founder and CEO.“ Joining Pivotal allows us to operate at a global scale, overnight, and help the world's largest and most admired brands use software to transform their businesses and make an impact on the world.”

http://pivotal.io/platform

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