Dell has agreed to sell Boomi, which specializes in integrating cloud platforms for companies, to Francisco Partners and TPG in a cash deal valued at $4B
Today, TPG & Francisco Partners proudly announced we agreed to carve out & acquire @boomi from Dell Technologies. Boomi pioneered the fast-growing integration-platform-as-a-service (iPaaS) market and today serves 15k+ customers globally. Read more: https://tpggloballlc.gcs-web.co…
Consider that Gartner's Magic Quadrant for Integration Platform as a Service (iPaaS) has more than a dozen vendors including Boomi which is a Leader. As such, this strategic move is a path to clearer formalized diversified alliances growth for both Dell and Boomi independently. h…