City
Epaper

Dell acquires Cloud services startup Cloudify for '$100 mn'

By IANS | Published: January 26, 2023 12:00 PM

San Francisco, Jan 26 Dell Technologies has acquired Israeli startup Cloudify that is known for cloud orchestration and ...

Open in App

San Francisco, Jan 26 Dell Technologies has acquired Israeli startup Cloudify that is known for cloud orchestration and infrastructure automation.

According to reports, Dell spent close to $100 million in buying the startup to boost its its cloud services business, specifically its offerings in DevOps.

A company spokesperson told TechCrunch that Dell Technologies "has completed the acquisition of Cloudify.

"This transaction allows Dell to continue to innovate our edge offerings," said the spokesperson.

In a US SEC filing, Dell refered to issuing of Class C common stock "in respect of certain outstanding and unvested options to acquire the ordinary shares of Cloudify Platform Ltd., an Israeli private liability company."

Cloudify is an open source, multi-cloud orchestration platform featuring unique technology that packages infrastructure, networking, and existing automation tools into certified blueprints.

Originally the startup was spun out from GigaSpaces in 2017. The startup raised less than $8 million, according to PitchBook data.

Cloudify's environment-as-a-service packages infrastructure, networking, and automation tools into certified blueprints that it says its customers can use to manage heterogeneous cloud environments at scale, and to help bridge the gap between DevOps and IT service management (ITSM).

Cloudify includes in its technology ecosystem such partners as Amazon Web Services, Google Cloud Platform, Microsoft Azure, F5, Wind River Software, and ServiceNow.

Disclaimer: This post has been auto-published from an agency feed without any modifications to the text and has not been reviewed by an editor

Tags: usSan FranciscoDellDell TechnologiesSan francisco bayJose d'saTechnologies
Open in App

Related Stories

InternationalUS: Hyderabad Software Engineer Abbaraju Prudhvi Raj Dies in North Carolina Road Accident

Other SportsWho Is Parvej Khan? All You Need to Know About the Indian Athlete Secure 1500m Final Spot in 2024 SEC Championships Relays

InternationalNew York Horror: Man Strangles Woman With Belt, Drags Her Between Cars To Rape; Disturbing CCTV Video Goes Viral

InternationalPower Outage in Mexico: Widespread Blackout Reported in Multiple Cities (Watch Video)

InternationalUS: 12-Year-Old Boy Receives World's First Commercially Approved Gene Therapy for Sickle Cell Disease

Technology Realted Stories

TechnologyOver $239 mn raised by 26 Indian startups in funding last week

TechnologyElon Musk arrives in Indonesia, to launch satellite internet service Starlink

TechnologyFood regulator cautions traders not to use calcium carbide for fruit ripening

TechnologyCaptain Gopichand, five others set to fly to edge of space aboard Blue Origin mission

TechnologyOpenAI never clawed back any employee's vested equity: CEO Altman