January 23, 2014
Firm represents AirWatch investors Insight Venture Partners and Accel Partners in the sale of AirWatch to VMware, Inc.
On January 22, VMware, Inc., the global leader in virtualization and cloud infrastructure, and AirWatch, the leading provider of enterprise mobile management and security solutions, announced that they have signed a definitive agreement under which VMware will acquire AirWatch for approximately $1.175 billion in cash and approximately $365 million of installment payments and assumed unvested equity. Willkie represented AirWatch investors Insight Venture Partners and Accel Partners, who teamed up last year to invest in the company, in connection with the sale as well as the 2013 investment. The deal is expected to provide customers with the most complete solution to manage users, devices and applications across desktop and mobile environments.
The deal was handled by partners Gordon Caplan, Matthew Guercio and Christopher Peters and associate Joseph Antignani.
