• Home
  • Business
  • Dell Technologies acquires Cloudify for $100 million

Dell Technologies acquires Cloudify for $100 million

Dell Technologies has announced that it has completed 100% acquisition of Israeli startup, Cloudify an “environment-as-a-service” platform, known for cloud orchestration and infrastructure automation for a whopping $100 million, according to TechCrunch sources.

Cloudify is an open-source, multi-cloud orchestration platform featuring unique technology that packages infrastructure, networking, and existing automation tools into certified blueprints that enable heterogeneous environments to be managed at scale, with automated provisioning and updates.

The Tel Aviv-based startup has since made a name for itself as a result of these capabilities, counting the likes of Amazon Web Services, Google Cloud, Microsoft, and ServiceNow as ecosystem partners.

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

Dell’s acquisition of Cloudify is focused on making it a stronger cloud solutions provider for public and private cloud opportunities and has the potential to make its Apex – a public cloud integrations effort that it launched in January 2022 – a far more powerful initiative.

Related Posts

Nigeria: Leadway partners Octamile  to launch “PayCover” for motor insurance

Leadway Assurance has teamed up with Octamile to introduce the “PayCover” solution, enabling customers to divide their motor…

Ghana: Access Bank Collaborates Ghana Education Service for ‘A Sandal More’

In a gesture of collaboration and commitment to improving the lives of pupils across Ghana, Access Bank has…

Nigeria: First Bank announces appointment of Olusegun Alebiosu as managing director

First Bank of Nigeria Limited, the commercial banking arm of the financial services group, has announced the appointment…

Sanlam Acquires 60% Stake in MultiChoice’s Insurance Business

Sanlam Limited (Sanlam) and MultiChoice Group Limited (MultiChoice) has announced that they have entered into an agreement for…