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TGP and Francisco Partners Set To Acquire Boomi from Dell Technologies for an Estimated $4B


Francisco Partners, a global investment firm that specializes in partnering with technology businesses, and TPG Capital, the private equity platform of global alternative asset firm TPG, have entered into an agreement with Dell Technologies to acquire Boomi, a cloud-based integration platform as a service (iPaaS) provider. The transaction has been valued at $4 billion and is expected to close by the end of 2021. Terms of the agreement were not disclosed.
Boomi has more than 15,000 customers across the globe. It helps organizations to connect applications, processes and people across a range of locations and devices. Their offerings include a low-code application and data integration platform, along with data quality, discovery and readiness capabilities. ....

Snehal Raj , Brian Decker , Dipanjan Deb , Jeff Clarke , Dell Technologies , Art Heidrich , Francisco Partners , ந்ேஹால் ராஜ் , பிரையன் டெக்கர் , டிபன்ஜன் டெப் , ஜெஃப் கிளார்க் , டெல் தொழில்நுட்பங்கள் , பிரான்சிஸ்கோ கூட்டாளர்கள் ,

Francisco Partners and TPG to Acquire Boomi from Dell Technologies


Francisco Partners and TPG to Acquire Boomi from Dell Technologies
Transaction will support Boomi s next phase of growth as iPaaS pioneer
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CHESTERBROOK, Pa., ROUND ROCK, Texas, and SAN FRANCISCO, May 2, 2021 /PRNewswire/  Francisco Partners, a leading global investment firm that specializes in partnering with technology businesses, and TPG Capital, the private equity platform of global alternative asset firm TPG, have entered into a definitive agreement with Dell Technologies (NYSE:DELL) to acquire Boomi, a leading provider of cloud-based integration platform as a service (iPaaS). The cash transaction is valued at $4 billion and is expected to close by the end of 2021, subject to customary closing conditions. Terms of the agreement were not disclosed. ....

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Dell dumps another big asset moving Boomi to Francisco Partners and TPG for $4B – TechCrunch


Dell dumps another big asset moving Boomi to Francisco Partners and TPG for $4B
It’s widely known that Dell has a debt problem left over from its massive acquisition of EMC in 2016, and it seems to be moving this year to eliminate part of it in multi-billion chunks. The first step was spinning out VMware as a separate company last month, a move expected to net close to $10 billion.
The second, long expected, finally dropped last night when the company announced it was selling Boomi to a couple of private equity firms for $4 billion. Francisco Partners is joining forces with TPG to make the deal to buy the integration platform. ....

Chris Mcnabb , Brian Decker , Dipanjan Deb , Francisco Partners , கிறிஸ் மக்ந்யாப்ப் , பிரையன் டெக்கர் , டிபன்ஜன் டெப் , பிரான்சிஸ்கோ கூட்டாளர்கள் ,