US computer giant Dell announced on Tuesday that it has acquired Boomi, a company that provides Web-based or “cloud” computing services.
Financial details of the transaction were not disclosed.
The Texas-based Dell said the purchase of Berwyn, Pennsylvania-based Boomi would allow it to “help businesses reap the full value of cloud computing,” where software or services are hosted on the Web and available on demand.
Boomi operates a platform that allows transfers of data between cloud-based applications and “on-premise” computer networks.
Dell said Boomi “manages millions of transactions a month and has completed tens of thousands of cloud integrations for hundreds of customers globally across a wide spectrum of industries.”
Dell said the acquisition is its latest bid to “build a technology portfolio for growing businesses seeking the benefits of Web-based computing.”
“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,” said Steve Felice, president of Dell’s consumer, small and medium business division.
Dell in September lost out to rival US computer giant Hewlett-Packard in a bidding war for data storage company 3PAR, whose technology enables large companies and government agencies to shift to “cloud” storage platforms.
Separately, US business software giant Oracle announced on Tuesday it was buying e-commerce software company Art Technology Group for US$1 billion in cash.
Oracle is offering US$6 per share, a premium of 46 percent compared with ATG’s closing price on Wall Street on Monday.
ATG shares gained 45.12 percent in New York to close at US$5.95 on Tuesday. Oracle shares rose 1.38 percent to finish at US$29.53.
The acquisition is expected to close by early next year, pending required stockholder and regulatory approval.
ATG provides merchandising, marketing, content personalization, automated recommendation and live-help services to businesses.
“More than 1,000 global enterprises rely on ATG’s solutions to help increase the value of their online customer interactions,” ATG president and chief executive Bob Burke said in a statement. “This combination will enhance the ability to bring all their commerce activities together — creating a more consistent and relevant experience for their customers across all interaction channels, including online, in stores, via mobile devices and with call centers.”
Oracle Global Business Units executive vice president Bob Weiler said: “This acquisition builds upon our dedication to offer the most complete and integrated suite of best-of-breed software applications and technologies required to power the most demanding companies in the world in every industry.”
Oracle spent nearly US$7.5 billion last year to acquire Sun, the one-time Silicon Valley star behind the popular Java programming language.
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