Dell Technologies announced today that it has acquired Israeli startup, Cloudify, for a reported $100 million. Cloudify, which is known for its "environment-as-a-service" platform, specializes in cloud orchestration and infrastructure automation. The Tel Aviv-based company has built a reputation for its unique technology which packages infrastructure, networking, and existing automation tools into certified blueprints that can manage heterogeneous environments at scale with automated provisioning and updates.
Cloudify, which was spun out from GigaSpaces in 2017, has established itself as a leading player in the industry, with partners including Amazon Web Services, Google Cloud, Microsoft, and ServiceNow. The startup had raised less than $8 million in funding, according to PitchBook data.
The acquisition is part of Dell's strategy to strengthen its position as a cloud solutions provider for public and private cloud opportunities. The move is expected to enhance Dell's Apex, a public cloud integration effort that it launched in January 2022, making it a more powerful initiative. The acquisition will allow Dell to offer a more comprehensive cloud solution to its customers.
Play audio
No comments