VMware (NYSE: VMW), a provider of virtualization and cloud infrastructure, has agreed to acquire Virsto Software, a VC-backed developer of virtual storage solutions for virtual servers and datacenters. Virsto received its last round of venture funding in August 2011 to the tune of $17 million from InterWest partners, Southern Cross Venture Partners, Correlation Ventures, August Capital and Canaan Partners, all of which will exit the company when the transaction closes, currently scheduled for the first quarter of 2013.
