Thinstall sold to VMware (US)
VMware, Inc. (NYSE: VMW), the virtualization software leader, announced on January 15th 2008 that it has acquired Thinstall, a privately-held application virtualization software company headquartered in San Francisco.
VMware is acquiring Thinstall to expand its desktop virtualization capabilities which help customers improve provision, deploy and update desktop environments. 1CT played an instrumental role in taking Thinstall’s new product to market and in acquiring more than 500 new customers and several strategic distribution partners in under a year. In the summer of 2007 Thinstall entered into a proactive M&A process with 1CT and its partner MLC LLC a San Francisco based boutique investment banking firm.
“Working with 1CT and MLC allowed you to focus on growing the business while pursuing potential M&A opportunities with minimal distraction to the business”
Jonathan Clark, President and Founder of Thinstall.