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Dell has acquired cloud orchestration startup Cloudify, sources tell us for around $100M

TechCrunch LogoTechCrunch3d ago

Dell has acquired cloud orchestration startup Cloudify, sources tell us for around $100M - TechCrunch

Quick Summary:

Dell is making an acquisition to beef up its cloud services business, specifically its offerings in DevOps: the company is buying Cloudify, an Israeli startup that has built a platform for cloud orchestration and infrastructure automation.

Cloudify’s tools are used by cloud architects and DevOps engineers to manage containers, workloads, and more across hybrid environments.

That acquisition was for a song, relatively speaking: Exanet was bankrupt at the time and the deal was done for $12 million.


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Article Details

Author / Journalist: Ingrid Lunden

Category: Technology

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Positive

Fact Checked: Legitimate

Article Type: News Report

Published On: 2023-01-25 @ 22:54:14 (3 days ago)

News Timezone: GMT -5:00

Ranking: #233 (out of 4777 stories this day)

News Source URL: techcrunch.com

Language: English

Article Length: 415 words

Reading Time: 3 minutes read

Sentences: 17 lines

Sentence Length: 25 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © TechCrunch

News ID: 4794687

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