Product Code Database
Pivotal Software, Inc. was an American multinational software and services company based in San Francisco that provided Cloud computing hosting and consulting services. Since November 2023, Pivotal has been part of Broadcom.
Paul Maritz became Pivotal's chief executive immediately after the spin-out. Maritz had joined EMC in February 2008 when Pi Corporation, a company he co-founded, was acquired. He was previously the CEO of VMware. The Greenplum Database (acquired by EMC in 2010) formed the basis of a division selling software for the big data market.
In March 2013, a distribution of Apache Hadoop called Pivotal HD was announced, including a version of the Greenplum software for it called Hawq.
Paul Maritz became Pivotal's Chairman and Rob Mee, founder of Pivotal Labs, became chief executive officer of Pivotal Software on August 18, 2015. In May 2016, a round of funding was announced, including an investment from Ford Motor Company. EMC also converted of debt into equity at that time.
In March 2018, the company filed for an initial public offering, debuting on the NYSE on April 20, 2018. The trading price began at $15 a share, and closed with a 5% increase on its first day. The company raised $555 million in the IPO.
On August 14, 2019, VMware announced merger discussions with Pivotal, and a definitive agreement to acquire Pivotal Software was signed on August 22, 2019. The merger was completed on December 30, 2019. VMware folded Pivotal into the Tanzu application suite, with the Pivotal Labs consulting group rebranding to become VMware Tanzu Labs in January 2021.
|
|
