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

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

VFD Group appoints Ijeoma Emezie-Ezigbo as new Deputy Managing Director

VFD Group has appointed Ijeoma Emezie-Ezigbo as Deputy Managing Director, bringing a seasoned deal-advisory leader into its executive…

Anne Juuko leads East African Development Bank as new CEO

The East African Development Bank has appointed Anne Juuko as its new chief executive, placing a seasoned banking…

Etihad, Ibom Air sign new Interline agreement linking Nigeria to global network

Etihad Airways, the national carrier of the United Arab Emirates, and Nigerian airline Ibom Air have signed an…

Lazola Sikupela takes new role of HR Director, Africa at Diageo

Diageo has promoted Lazola Sikupela as Human Resources Director for Africa, elevating a leader who has risen through…