VMware Inc. (VMW), recently a Dell-owned company, has announced the acquisition of its vRealize Business Enterprise and IT Benchmarking solutions by the global private investment firm Skyview Capital. The assets now owned by Skyview will form a new company under the name Digital Fuel SV LLC in which VMware will hold a minority stake. The selloff of vRealize will allow VMware to continue its commitment to cloud business and costing. (Also see: What the EMC-Dell Merger Means for VMware.)

VMware’s parent company, EMC, had previously chosen Skyview  as a buyer for Syncplicity in 2015. VMware called Skyview an excellent fit for the buy, with “an established track record of successfully acquiring and growing businesses through increased investments in sales, marketing and R&D.”

VMware Focuses on Cloud Management

VMware’s sale of its vRealize Business Enterprise (formerly known as Digital Fuel IT Financial Management) and IT Benchmarking solutions (formerly known as iTHC) marks a larger initiative to narrow focus on its cloud management platform (CMP) business and its remaining vRealize family of products. VMware’s remaining vRealize Suite features vRealize Business for Cloud, a separate and distinct product line from vRealize Business Enterprise. VMware’s investment in cloud capabilities involves the development of offering costing, pricing, consumption analysis for both private and public clouds, and more for IT organizations. (Also see: VMware Takes a Stab at Cloud Computing.)

Following the transaction, VMware will continue to work with Skyview Capital’s Digital Fuel in order to offer support and services to make a smooth transition. As VMware says goodbye to its enterprise and IT benchmarking team, it closes one chapter of its business which was build back in 2011 after its acquisition of Digital Fuel, and in 2013 with the buy of iTHC.