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Dell acquires Israel's cloud services start-up Cloudify for $100 million

Dell Technologies has acquired Israeli startup Cloudify that is known for cloud orchestration and infrastructure automation

Dell Technologies

IANS San Francisco
Dell Technologies has acquired Israeli startup Cloudify that is known for cloud orchestration and infrastructure automation.
According to reports, Dell spent close to $100 million in buying the startup to boost its its cloud services business, specifically its offerings in DevOps.
A company spokesperson told TechCrunch that Dell Technologies "has completed the acquisition of Cloudify.
"This transaction allows Dell to continue to innovate our edge offerings," said the spokesperson.
In a US SEC filing, Dell refered to issuing of Class C common stock "in respect of certain outstanding and unvested options to acquire the ordinary shares of Cloudify Platform Ltd., an Israeli private liability company."
Cloudify is an open source, multi-cloud orchestration platform featuring unique technology that packages infrastructure, networking, and existing automation tools into certified blueprints.
Originally the startup was spun out from GigaSpaces in 2017. The startup raised less than $8 million, according to PitchBook data.
Cloudify's environment-as-a-service packages infrastructure, networking, and automation tools into certified blueprints that it says its customers can use to manage heterogeneous cloud environments at scale, and to help bridge the gap between DevOps and IT service management (ITSM).
Cloudify includes in its technology ecosystem such partners as Amazon Web Services, Google Cloud Platform, Microsoft Azure, F5, Wind River Software, and ServiceNow.
--IANS
na/

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

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First Published: Jan 26 2023 | 12:55 PM IST

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