Dell Technologies is evolving itself once again with the US$4 billion sale of its cloud business Boomi to private equity firms in a move to shift its focus to “high-priority” areas including changing its sales motion toward as-a-service.
The news of Dell selling Boomi comes a few weeks after Dell confirmed the spin-off later this year of its majority stake in VMware and 15 months since Dell sold its cybersecurity business RSA for over US$2 billion to private equity firm STG Partners.
“For us, we’re focused on fueling growth by continuing to modernize our core infrastructure and PC businesses and expanding in high-priority areas including hybrid and private cloud, edge, telecom and Apex,” said Jeff Clarke, vice chairman and chief operating officer of Dell Technologies, in a statement. “[This is] all designed to help organizations thrive in the do-from-anywhere economy.”
Dell Selling Boomi For $4B To Focus On ‘High-Priority’ Markets
‘For us, we’re focused on fueling growth by continuing to modernize our core infrastructure and PC businesses and expanding in high-priority areas including hybrid and private cloud, edge, telecom and Apex,’ says Dell Vice Chairman and COO Jeff Clarke. By Mark Haranas May 03, 2021, 08:32 AM EDT
Dell Technologies is evolving itself once again with the $4 billion sale of its cloud business Boomi to private equity firms in a move to shift its focus to “high-priority” areas including changing its sales motion toward as-a-service.
The news of Dell selling Boomi comes a few weeks after Dell confirmed the spin-off later this year of its majority stake in VMware and 15 months since Dell sold its cybersecurity business RSA for over $2 billion to private equity firm STG Partners.
Dell Technologies World Preview: 4 Things To Watch For
From Project Apex to the future of Dell’s partnership with VMware, here’s four areas channel partners and attendees should watch for next week at Dell Technologies World Digital Experience 2021. By Mark Haranas April 29, 2021, 11:31 AM EDT
Although Dell Technologies World Digital Experience 2021 marks the company’s second year in a row that Dell’s flagship conference is virtual, it doesn’t mean big news won’t be unveiled during the two-day online event.
Thousands of customers, channel partners and industry leaders will be in attendance virtually to hear from the likes of Dell Technologies CEO Michael Dell and Vice Chairman Jeff Clarke to Bill Nye the Science Guy and film director star Robert Rodriguez.