The networking technology developer, which had raised $27m from investors including Intel Capital, is set to be acquired by VMWare.

Cloud software provider VMware has announced its intent to buy US-based network analytics software producer Nyansa in a deal of undisclosed size that will enable semiconductor technology provider Intel to exit.

Nyansa has created an artificial intelligence-powered software platform that analyses the status and performance of critical devices across an enterprise’s network infrastructure.

Intel’s corporate venturing unit, Intel Capital, led Nyansa’s $15m series B round in early 2018, investing together with Formation 8, the venture capital firm that had…

Robert Lavine

Robert Lavine is special features editor for Global Venturing.