Morrison & Foerster LLP is advising VMware, Inc. (NYSE: VMW) on its US$26 per share cash tender offer of cybersecurity company Carbon Black, Inc. (NASDAQ: CBLK). When complete, this transaction marks VMware’s first acquisition of another public company. The merger consideration represents an equity value of US$2.3 billion for Carbon Black.
Carbon Black is a leading next-generation security cloud provider with more than 5,600 customers and 500 partners globally. The company’s innovative cloud-native security platform leverages big data and behavioral analytics to provide comprehensive endpoint protection against even the most advanced cyberattacks. The combination of Carbon Black’s solutions with VMware’s security offerings will create a modern security cloud platform for any application, running on any cloud, on any device.
The MoFo deal team is led out of San Francisco by M&A partner Brandon C. Parris, with partners Michael O’Bryan, Jessica Isokawa, of counsel Amanda Hines-Gold and San Francisco corporate associates Alexa Belonick, Blair Green, and Marjorie Roesser.
Read VMware’s announcement.