In August 2018, VMware announced that it has signed a definitive agreement to acquire CloudHealth Technologies. More than 3,700 organizations globally rely on CloudHealth to manage over $5B in combined cloud spend, based on the platform’s ability to easily manage cost, ensure security compliance, improve governance and automate actions across multi-cloud environments.

CloudHealth’s enterprise capabilities alongside specific functionality like simplified customer management, streamlined billing, massive scale, policy and tenancy has made it the default platform for Managed Service Providers (MSPs) to deliver solutions in the public cloud.