Dell’s Big Cloud Acquisition: Boomi
At an event in Hong Kong this morning, Dell CEO Michael Dell said the company was readying an acquisition in the cloud-computing sector. “We continue to acquire new assets,” he said. “We will announce an acquisition that will accelerate this type of integration into the cloud.”
The Street was quick to speculate that Dell was looking at Rackspace or Brocade. Turned out it wasn’t either of them.
Moments ago, Dell said it will acquire Boomi, a software-as-a-service (SaaS) outfit that focuses on the integration side of the business. Terms of the deal were not disclosed, but this is obviously a small acquisition for Dell. Boomi landed $4 million in venture funding in July of 2008 from FirstMark Capital and, as best I can tell, nothing more after that.