Dell Moves Into Cloud Computing with Acquisition of Boomi
Printer ink maker Dell announced that it has agreed to purchase Software-as-a-Service (SaaS) firm Boomi for an undisclosed amount. The acquisition will help give Dell more exposure in the cloud computing sector.
Cloud computing enables users to access data, held by a third party, over the internet, meaning it is not necessary to install in-house systems. Boomi's technology is used all over the world and it oversees millions of transactions a month.
"For years, Dell has been working directly with our customers and SaaS leaders to understand the value cloud computing can bring and the issues customers face when contemplating this paradigm shift," said Steve Felice, president of Dell's consumer and small and medium business division.
"Twenty-six years ago we helped accelerate the move to client-server computing; today we'll help drive a similar transformation with customers turning to the cloud to drive costs down and innovation up," he added.
Earlier this year, Dell lost a bidding war with arch-rival Hewlett Packard for the purchase of 3PAR.
Posted by Jamie Foster.