The software automation technology provider has agreed to be taken over by Perforce having raised $127m from investors including Alphabet, Cisco and VMWare.

Software development tool provider Perforce agreed on Monday to acquire US-based software automation technology developer Puppet for an undisclosed sum, allowing corporates Cisco, VMWare and Alphabet to exit. Formerly known as Puppet Labs, Puppet provides a cloud-based software platform that automates parts of the software development and deployment process, letting developers update and monitor progress…

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Fernando Moncada Rivera

Fernando Moncada Rivera is a reporter at Global Corporate Venturing and also host of the CVC Unplugged podcast.