VMware announced its intention to acquire Wavefront, a metrics monitoring service for cloud and modern application environments.

Terms were not disclosed. The transaction is expected to close in calendar Q2 2017. VMware does not expect this transaction to have a material impact on its FY18 operating results.

Wavefront provides metrics monitoring to optimize clouds and modern applications by delivering operational insights using millions of data points per second in real-time. Operators and developers can interrogate real-time data streams to discover new ways to address problems, identify bottlenecks, and test algorithms and hypotheses. A cloud-hosted service, Wavefront ingests, stores, visualizes, and alerts on streaming metric data from clouds and modern applications enabling superior operational performance. Scaling to support the largest data center needs, the service can measure, correlate, and analyze across servers, devices, applications, end-user behavior, multiple public cloud and data center attributes, SaaS, PaaS and IaaS environments, and business metrics.

"VMware set the standard for monitoring virtual environments with VMware vRealize Operations, and we will set the standard for cross-cloud and modern application monitoring with Wavefront," said Ajay Singh, SVP and GM, Cloud Management Business Unit, VMware. "It delivers a radically new scope and scale of metrics monitoring and analytics to help developers improve the performance, availability and customer experience of their digital services. When combined with the vRealize product portfolio, digital enterprises will gain a complete view from network through infrastructure to applications."

"I'm excited about Wavefront joining VMware upon the close of the deal," said Pete Cittadini, President and CEO of Wavefront. "Today, Wavefront delivers the ultimate streaming metrics monitoring to digital enterprises changing the way they deliver and instrument their clouds and modern applications. I look forward to delivering Wavefront's innovations to more customers, more extensively, as part of the vRealize portfolio of industry-leading multi-cloud management products."

For seven-plus years, VMware has invested in solutions featuring advanced metrics and analytics to help customers simplify and automate how they manage, monitor and troubleshoot services in dynamic virtual and cloud environments. Wavefront's metrics monitoring for modern applications will complement VMware's industry-leading vRealize Operations platform for monitoring, troubleshooting and capacity planning across virtual environments. Upon close of the deal, customers will have a holistic representation of their network, infrastructure and application environments when using Wavefront with vRealize Network Insight, vRealize Operations and vRealize Log Insight. Completion of the acquisition will further enable VMware to reach new digital enterprise customers and end-users including application delivery and development teams seeking to glean greater insight into their modern applications and associated containers and microservices.

Upon close of the acquisition, Wavefront will be a part of the growing portfolio of VMware Software as a Service (SaaS) offerings. Additionally, VMware will leverage Wavefront's technology to accelerate the development of VMware Cross-Cloud Services to help manage and monitor modern application and their associated infrastructure across clouds.