Dell to acquire cloud integration company Boomi
Following a hint earlier today by Michael Dell, company announces plan to acquire another company with cloud expertise. Financial details were not disclosed.
Dell is beefing up its cloud strategy by acquiring Boomi.
Boomi is a Pennsylvania-based company whose platform connects cloud-based applications with those that are "on-premise"--or not in the cloud. Its technology is described as "integrating applications by allowing easy transfer of data between cloud-based and on-premise applications with no appliances, no software, and no coding required."
CEO Michael Dell telegraphed the move this morning when he told an audience in Hong Kong that his company would be making a cloud-based acquisition. So far it doesn't appear he'll have to fight off other suitors for this company. Dell tried to buy storage company 3Par in August, but was repeatedly outbid by rival Hewlett-Packard before finally admitting defeat.
Financial details of the Boomi transaction were not made public.
Boomi President and CEO Bob Moul said his company is "thrilled" by the acquisition. "This was a fantastic outcome for the team, our customers, and partners. Dell gives us the global platform to continue to scale Boomi AtomSphere as the leading integration solution in the SaaS and cloud computing industry," he said in a prepared statement.
