7 Mile Advisors advised MomentumSI, Inc. in their sale to VMware, Inc. (NYSE: VMW). Terms of the transaction were not disclosed.
MomentumSI, a US-based provider of Cloud Migration, Big Data, Advanced Architecture, and DevOps solutions to Fortune 100 clients, was acquired by VMware, an industry leading virtualization and infrastructure management software company.
MomentumSI, Inc., an IT consultancy, specializes in helping companies incorporate technologies, including cloud computing, DevOps, business process management (BPM), and service oriented architecture (SOA). Its cloud computing services include cloud consulting services, such as strategy and business case, technology architecture, and organizational change management services; and cloud migration and cloud modernization services, which include lift-and-shift and lift-and-refit migration, and cloud modernization services. The company’s cloud computing services also comprise private cloud infrastructure as a service (IaaS) and PaaS services, such as technology selection and stand-up, extend the private cloud, and migration to private cloud; and public cloud IaaS and PaaS services, including adoption, architecture and design, and migration services. It also offers big data solutions, such as database, data processing, analytics, and machine learning projects; and DevOps practice services, including assessing, designing, implementing, and managing services. In addition, the company provides BPM services, including business process analysis and design, BPM software selection and implementation, business rule and workflow automation, and process metrics and dashboards; and SOA services, such as SOA strategy and roadmap development, SOA and infrastructure solutions, SOA briefings, SOA workshops and training, SOA competency center and center of excellence, and service-oriented business solutions. Further, the company provides software development services, such as application modernization and custom software solutions; and training services, including workshops and courses. Furthermore, it offers mobile solutions, including strategy, architecture, development, and maintenance for enterprise mobility; and B2E, B2C, and B2B mobile applications for content, commerce, collaboration, and community. MomentumSI, Inc. was founded in 1997 and is based in Austin, Texas. Visitwww.momentumsi.com
VMware, Inc. provides virtualization infrastructure solutions in the United States and internationally. The company’s virtualization infrastructure solutions include a suite of products designed to deliver a software-defined data center, run on industry-standard desktop computers and servers and support a range of operating system and application environments, as well as networking and storage infrastructures. Its solutions enable organizations to aggregate multiple servers, storage infrastructure, and networks together into shared pools of capacity that can be allocated to applications as needed. It offers VMware vSphere, a software-defined data center platform, which enables users to deploy hypervisor, a layer of software that resides between the operating system and system hardware to enable compute virtualization; and vCloud Suite, an integrated solution for building and managing a cloud infrastructure optimized for use with the VMware vSphere platform. The company also provides vSphere-based hybrid cloud computing solutions; and end-user computing solutions, which are designed to enable a user-centric approach to personal computing, and secure access to applications and data from various devices and locations. VMware, Inc. sells its products through distributors, resellers, system vendors, and systems integrators. It has strategic relationship with Verizon Enterprise Solutions and Arista Networks, Inc. The company was incorporated in 1998 and is headquartered in Palo Alto, California. Visit www.vmware.com
About 7 Mile Advisors:
7 Mile Advisors provides Investment Banking & Advisory Services to the Business Services and Technology Industries globally. 7 Mile Advisors advises on M&A and private capital transactions, and provide market assessments and benchmarking. As a close knit team with a long history together and a laser focus on our target markets, 7 Mile Advisors helps its clients sell companies, raise capital, grow through acquisitions, and evaluate new markets. All securities transactions are executed by 7M Securities, LLC, member FINRA / SIPC.
For more information, including research on the M&A markets, visit www.7mileadvisors.com
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