Dell to Acquire Boomi

"Dell (NASDAQ:DELL) has agreed to acquire Software-as-a-Service Boomi, in an effort to fully use cloud computing.

Steve Felice, president of Dell Consumer, Small and Medium Business said, ""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. 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.""

Bob Moul, Boomi president and CEO, commented, ""The Boomi team is thrilled to be joining the Dell family. 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.""

Dell is currently trading 0.07 percent higher at $14.42."

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