Dell Inc. (Dell), the world’s third-largest maker of personal computers, agreed to buy software company Boomi to expand its Web-based computing services.
Boomi offers the industry's only pure SaaS application integration platform that takes the cost and complexity out of integrating applications by allowing easy transfer of data between cloud-based and on-premise applications with no appliances, no software and no coding required.
Dell, based in Round Rock, Texas, is trying to reduce its dependence on PC sales and build its computer-services business through acquisitions. It bought services-provider Perot Systems Corp. last year for about $3.9 billion, its biggest purchase, and lost out to Hewlett-Packard Co. in September in a bidding war for storage provider 3Par Inc.
Boomi is a closely-held startup based in Berwyn, Pa., which offers a platform called AtomSphere, described as a software-as-a-service (SaaS) integration offering that eases data transfer between cloud and premises-based applications.
AtomSphere does not require appliances, software or development, according to Dell. Boomi's solution is implemented in a variety of cloud-based apps, notably Salesforce.com's CRM suite, as well as a variety of business application services.
Dell rose 2 cents to $14.43 at 12:54 p.m on November 2, 2010 in Nasdaq Stock Market trading after this acquisition.
Disclosure: "No postions"