tiprankstipranks
Dell buys Cloudify for roughly $100M, TechCrunch reports
The Fly

Dell buys Cloudify for roughly $100M, TechCrunch reports

Dell is acquiring Cloudify, an Israeli startup that has built a platform for cloud orchestration and infrastructure automation, TechCrunch’s Ingrid Lunden reports. "Dell Technologies announced that it has completed the acquisition of Cloudify," a Dell spokesperson told TechCrunch. "This transaction allows Dell to continue to innovate our edge offerings." Dell did not disclose the value of the detail, but sources told TechCrunch that the transaction is valued at roughly $100M. Reference Link

Published first on TheFly

See Insiders’ Hot Stocks on TipRanks >>

Read More on DELL:

Trending

Name
Price
Price Change
S&P 500
Dow Jones
Nasdaq 100
Bitcoin

Popular Articles