VMware Buys Socialcast

Publicly traded VMware Inc. has acquired social collaboration start-up Socialcast, the company announced Wednesday. Financial terms of the deal were not released. San Francisco, Calif.-based Socialcast, which has raised more than $9.4 million from Menlo Ventures and True Ventures, helps large companies establish internal social networking platforms to help co-workers follow and interact with each other.

PRESS RELEASE:
VMware, Inc. (NYSE:VMW – News), the global leader in virtualization and cloud infrastructure, today announced the acquisition of Socialcast, a leading provider of social collaboration solutions for the enterprise. Socialcast enables modern business communication by uniting people, information and enterprise applications within collaborative communities. Delivered as a hosted service, private cloud implementation, or via an on-premise solution, Socialcast is used by some of the world’s largest enterprises including Avaya, Humana, Nokia, Philips Electronics, SAS and VMware. Terms of the acquisition were not announced.

Socialcast joins the recent acquisitions of SlideRocket™ and Zimbra™, along with the introduction of VMware Horizon App Manager™, in helping advance VMware’s vision for a modern end-user computing model. VMware’s vision is to transform the traditional PC desktop by equipping today’s mobile workforce with secure access to applications and data from any location and any device, while driving increased productivity through modern collaboration and communication models.

These new collaboration models promise to better support modern work streams, that are increasingly more iterative and interconnected, as information is assembled and coordinated among virtual teams that cut across organizations.

“The post-PC era will be defined by a new way to work that is increasingly social, real-time and collaborative,” said Brian Byun, vice president and general manager, Cloud Applications, VMware. “For enterprise collaboration to improve business outcomes it can’t just be a feature in a single application. Organizations need a new social collaboration fabric across the applications people already work with. Socialcast combines real-time activity streams that are contextually integrated within existing enterprise systems. This is the new way to work.”

“The future of work will be focused on people-centric collaboration, bringing diverse groups of employees together to accelerate business performance,” said Timothy Young, founder and CEO, Socialcast. “We’ve seen Socialcast transform the way that people work at some of the world’s largest companies, and we’re excited to bring the benefits of social computing to VMware’s more than 250,000 customers.”

A New Way to Work in the Cloud
More than ever, enterprises are dealing with two fundamental client computing pain points — providing secure access to an increasingly mobile workforce; and managing the burgeoning diversity of data, applications and devices needed to run their business. These challenges result from the transformative nature of cloud computing and the coming post-PC era.

In this environment, a new way to work will be required. The growing VMware End-User Computing portfolio seeks to free end users and IT organizations from more than two decades of complex, device-centric computing and deliver a more user-centric, consumer cloud experience for the enterprise. This approach to personal computing will enable organizations to leverage public cloud resources while extending existing security models and providing access to applications and data from any device, where and when a user needs it.

Establishing a new end-user computing model is a fundamental component of the VMware vision for IT as a Service — the transformation of IT to a more business-centric approach, focusing on outcomes such as operational efficiency, self service, competitiveness and rapid response. This means IT will shift from producing IT services to optimizing production and consumption of those services in ways consistent with business requirements. This will change the role of IT from a cost center to a center of strategic value.

Additional Resources

Read more about the addition of Socialcast to the growing VMware End-User Computing portfolio from Steve Herrod, CTO, VMware
Read more about Socialcast joining VMware from Timothy Young, founder and CEO, Socialcast

About Socialcast
Socialcast is a leading provider of enterprise collaboration platforms that unite people, data and applications in real-time. Behind the firewall or in the cloud, Socialcast’s software enables instant collaboration in a secure environment. Customers deploy Socialcast to create a social layer across business systems and employee communication channels for faster information-sharing, knowledge transfer across geography, employee engagement, and task management. Socialcast is headquartered in San Francisco, Calif. For more information, please visit www.socialcast.com.

About VMware
VMware delivers virtualization and cloud infrastructure solutions that enable IT organizations to energize businesses of all sizes. With the industry leading virtualization platform — VMware vSphere® — customers rely on VMware to reduce capital and operating expenses, improve agility, ensure business continuity, strengthen security and go green. With 2010 revenues of $2.9 billion, more than 250,000 customers and 25,000 partners, VMware is the leader in virtualization which consistently ranks as a top priority among CIOs. VMware is headquartered in Silicon Valley with offices throughout the world and can be found online at www.vmware.com.

VMware, VMware Horizon App Manager, VMware vSphere, Zimbra and SlideRocket are registered trademarks and/or trademarks of VMware, Inc. in the United States and/or other jurisdictions. All other marks and names mentioned herein may be trademarks of their respective companies.