May 04 - 12:05
Dell to sell cloud platform Boomi for $4bn
Dell has agreed to sell its cloud-based integration platform as a service, Boomi, for $4bn to Francisco Partners and TPG Capital. Boomi is used by more than 15,000 customers globally to discover, manage and orchestrate data. The cash transaction is valued at $4 billion and is expected to close by the end of 2021, subject to customary closing conditions.
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