|Bid||25.99 x 301800|
|Ask||26.00 x 27000|
|Day's Range||25.99 - 26.01|
|52 Week Range||11.80 - 26.36|
|Beta (3Y Monthly)||N/A|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||25.00|
VMware, Inc. (VMW), a leading innovator in enterprise software, today announced it has completed its acquisition of Carbon Black, a leader in cloud-native endpoint protection, in an all-cash transaction for $26 per share, representing an enterprise value of $2.1 billion. “Carbon Black brings us an industry-leading endpoint and workload security platform, with a cloud-native architecture, an AI-powered data lake and a smart, lightweight agent,” said Sanjay Poonen, chief operating officer, Customer Operations, VMware. “The Carbon Black platform, along with VMware NSX, VMware Workspace ONE, VMware Secure State and our future innovations, will deliver a highly-differentiated intrinsic security platform across network, endpoint, workload, identity, cloud and analytics.
The Tender Offer expired at 5:00 p.m., New York City Time, on Monday, October 7, 2019 and was not extended. Approximately 64.1 million Shares of Carbon Black, representing approximately 85.1% of the outstanding Shares, were validly tendered in the Tender Offer and not validly withdrawn.
VMware, Inc. (VMW) and Carbon Black, Inc. (CBLK) today announced that the required waiting period under the Austrian Cartel Act applicable to VMware’s Tender Offer (as defined below) for Carbon Black has expired. The termination of the waiting period under the Austrian Cartel Act satisfies the last of the regulatory conditions necessary for the consummation of the pending acquisition. American Stock Transfer & Trust Company, LLC, the depositary for the Tender Offer, has advised VMware that, as of 5:39 p.m., New York City Time, on October 4, 2019, approximately 30,570,985 Shares of Carbon Black had been validly tendered and received, and not validly withdrawn, pursuant to the Tender Offer, representing approximately 41% of Carbon Black’s outstanding Shares.
Carbon Black, (CBLK), a leader in cloud-native endpoint protection, today released the results of its second Canada Threat Report, based on a survey of 250 CIOs, CTOs and CISOs across Canada. 49% of Canadian businesses surveyed noted a degree of financial damage associated with breaches, with 12% saying the damage was severe.
WATERLOO, Ontario and WALTHAM, Mass., Oct. 1, 2019 /PRNewswire/ -- eSentire, Inc., the global leader in Managed Detection and Response (MDR) and Carbon Black, a leader in cloud-native endpoint protection, today announced the release of a new Threat Intelligence Spotlight that highlights the increasing sophistication of modern malware. With modern malware becoming increasingly sophisticated, eSentire and Carbon Black conducted the Threat Intelligence Spotlight to provide a resource that can be used by anyone, regardless of their technical knowledge, to understand how malware works, and more importantly how to protect against its impact.
VMware, Inc. (VMW) and Carbon Black, Inc. (CBLK) have announced that VMware has extended the offering period of its previously announced cash tender offer to purchase all of the outstanding shares of common stock (the “Shares”), of Carbon Black for a price of $26 per share (the “Tender Offer”). On September 24, 2019, the Austrian Federal Competition Authority (Bundeswettbewerbsbehörde) provided verbal confirmation that they do not have any objections or further questions on the proposed transaction, however, the four-week waiting period contemplated by the Austrian Cartel Act must first terminate before the transaction is considered to have been cleared by the Bundeswettbewerbsbehörde. The initial four-week waiting period will expire at midnight, Central European Time, on Friday, October 4, 2019.
NEW YORK, Sept. 25, 2019 -- Bragar Eagel & Squire, P.C. announces to investors that it is investigating potential claims on behalf of stockholders of Highlands Bankshares,.
Carbon Black (CBLK) has been upgraded to a Zacks Rank 2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
NEW YORK , Sept. 17, 2019 /PRNewswire/ -- Moore Kuehn, PLLC, a securities law firm located on Wall Street in downtown New York City , is investigating potential claims involving the directors and officers ...
VMware, Inc. (VMW) and Carbon Black, Inc. (CBLK) today announced that the required waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976, as amended (the “HSR Act”) applicable to VMware’s cash tender offer for Carbon Black has been terminated. As previously announced, VMware’s wholly owned subsidiary, Calistoga Merger Corp., commenced a cash tender offer to purchase all of the outstanding shares of common stock, par value $0.001 per share, of Carbon Black for a price of $26 per share (the “Tender Offer”). The termination of the waiting period under the HSR Act satisfies one of the conditions necessary for the consummation of the pending acquisition.
BALA CYNWYD, PA / ACCESSWIRE / September 10, 2019 / Law office of Brodsky & Smith, LLC announces that it is investigating potential claims against the Board of Directors of Carbon Black, Inc. (“Carbon ...
VMware, Inc. (VMW), a leading innovator in enterprise software, today announced that its wholly owned subsidiary, Calistoga Merger Corp. (“Merger Sub”), has commenced a cash tender offer to purchase all of the outstanding shares of common stock, par value $0.001 per share, of Carbon Black (CBLK), a leader in cloud-native endpoint protection, for a price of $26 per share (the “Tender Offer”). The Tender Offer is being made upon the terms and subject to the conditions set forth in the offer to purchase, dated September 6, 2019, and the related letter of transmittal and pursuant to the previously announced agreement and plan of merger (the “Merger Agreement”), entered into by and among Merger Sub, VMware and Carbon Black on August 22, 2019.
“Digital transformation” has the biggest players making big purchases to stay competitive. VMware is no exception.
NEW YORK, Sept. 03, 2019 -- Halper Sadeh LLP, a global investor rights law firm, announces it is investigating the following companies: Carbon Black, Inc. (NASDAQ: CBLK)The.
Carbon Black, a leader in cloud-native endpoint protection, today announced it was named a Visionary in the Gartner Magic Quadrant for Endpoint Protection Platforms (EPP) for the third consecutive year. Carbon Black believes placement in the Visionaries quadrant validates the company’s approach to protecting the endpoint by leveraging big data and analytics in the cloud - using a single agent and single console - to gain deep insight into attacker behaviors. “In recent years, our ability to protect global organizations has been vastly accelerated by the cloud, which offers a powerful, elastic and more collaborative way to store, analyze and instantly access endpoint data,” said Carbon Black CEO Patrick Morley.
Carbon Black (CBLK), a leader in cloud-native endpoint protection, today announced that its Chief Cybersecurity Officer, Tom Kellermann, will keynote the Information Technology Conference, hosted by the Federal Financial Institutions Examination Council (FFIEC) in Arlington, VA. Carbon Black’s keynote presentation is scheduled for Tuesday, August 27, 2019 from 8:45 a.m. to 9:45 a.m. Eastern time. The Information Technology Conference is directed at IT examiners and safety and soundness examiners with IT examination responsibility as identified by each agency.
WILMINGTON, Del., Aug. 26, 2019 -- Rigrodsky & Long, P.A. announces that it is investigating: Carbon Black, Inc. (NASDAQ GS: CBLK) regarding possible breaches of fiduciary.
NEW YORK, Aug. 26, 2019 -- The following statement is being issued by Levi & Korsinsky, LLP: Levi & Korsinsky, LLP announces that investigations have commenced on.
VMware's VMW strong fiscal 2020 second-quarter results included 12% year-over-year revenue growth and non-GAAP earnings per share of $1.60, both exceeding consensus expectations. A weaker outlook for license-based sales led to lower-than-expected third-quarter revenue guidance from management, but VMware kept its companywide revenue target for fiscal 2020 intact. The narrow-moat company said it has reached definitive agreements to purchase Pivotal Software, a vendor offering a developer platform for container-based workloads, for a total enterprise value of $2.7 billion and Carbon Black, an endpoint security vendor, for an enterprise value worth $2.1 billion.
(Bloomberg) -- VMware Inc. agreed to purchase two software companies on Thursday, expanding its reach in development tools and cybersecurity.The Palo Alto, California-based company said the net cash payout for the two purchases will be $2.7 billion. It’s buying Pivotal Software Inc., which sells cloud software and services, for a blended share price of $11.71, representing an enterprise value of $2.7 billion. VMware also agreed to purchase Carbon Black Inc., a cybersecurity firm, for $26 a share, representing an enterprise value of $2.1 billion.VMware, which makes virtualization and networking tools and is majority-owned by Dell Technologies Inc., said the combined company will provide software to build, run, manage, connect and protect any app on the cloud or any device. Purchasing the two companies will accelerate VMware’s plan to deliver secure, multicloud application development.The two acquisitions “will meaningfully expand our ability to power our customer’s digital transformation,” said Pat Gelsinger, VMware’s chief executive officer.“These acquisitions address two critical technology priorities of all businesses today -- building modern, enterprise-grade applications and protecting enterprise workloads and clients,” he said.Pivotal CEO Rob Mee said, “Together, we will form an organization that combines Pivotal’s expertise modernizing organizations with VMware’s capabilities and experience operating at scale.”Once the deal for Waltham, Massachusetts-based Carbon Black is complete, VMware said it would be positioned to provide “highly differentiated, intrinsic security cloud” through big data, behavioral analytics and artificial intelligence.“We now have the opportunity to seamlessly integrate Carbon Black’s cloud native end point protection platform into all of VMware’s control points,” said Patrick Morley, Carbon Black’s CEO.Both transactions are expected to be completed in the second half of VMware’s fiscal year, which ends Jan. 31.JPMorgan Chase & Co. acted as financial adviser to VMware on the deals, with Morrison & Foerster LLP acting as legal adviser to VMware on the Carbon Black acquisition and Wilson Sonsini Goodrich & Rosati as legal counsel to VMware on the Pivotal purchase.(Corrects overall purchase price in headline, purchase values in story.)\--With assistance from Jim Silver.To contact the reporter on this story: William Turton in New York at email@example.comTo contact the editors responsible for this story: Tom Giles at firstname.lastname@example.org, Andrew Martin, Andrew PollackFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.