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Dell To Acquire Boomi

Dell on Tuesday announced plans to buy Software-as-a-Service (SaaS) firm Boomi.

Tech news site ReadWriteWeb reports that the move to acquire Boomi will allow Dell to venture beyond PCs and into the world of tablets and cloud-based operating system.

"Today’s announcement represents another step by Dell to build a technology portfolio for growing businesses seeking the benefits of web-based computing while addressing one of the top barriers to cloud adoption - managing and integrating cloud-based applications with existing applications and databases," Dell said in a press release.

Boomi, founded in 2000, raised $4 million in 2008 in an initial round of funding led by First Mark Capital, Reuters reports.

Dell is yet to disclose the terms of the acquisition but has said that the deal is subject to customary closing conditions.

“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, Dell Consumer, Small and Medium Business.

“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.”