{"id":601421,"date":"2023-01-26T06:49:18","date_gmt":"2023-01-26T12:49:18","guid":{"rendered":"https:\/\/news.sellorbuyhomefast.com\/index.php\/2023\/01\/26\/dell-has-acquired-cloud-orchestration-startup-cloudify-sources-tell-us-for-around-100m\/"},"modified":"2023-01-26T06:49:18","modified_gmt":"2023-01-26T12:49:18","slug":"dell-has-acquired-cloud-orchestration-startup-cloudify-sources-tell-us-for-around-100m","status":"publish","type":"post","link":"https:\/\/newsycanuse.com\/index.php\/2023\/01\/26\/dell-has-acquired-cloud-orchestration-startup-cloudify-sources-tell-us-for-around-100m\/","title":{"rendered":"Dell has acquired cloud orchestration startup Cloudify, sources tell us for around $100M"},"content":{"rendered":"
\n

Dell<\/a> is making an acquisition to beef up its cloud services business, specifically its offerings in DevOps: The company is buying Cloudify<\/a>, an Israeli startup that has built a platform for cloud orchestration and infrastructure automation. Cloudify\u2019s tools are used by cloud architects and DevOps engineers to manage containers, workloads, and more across hybrid environments.<\/p>\n

Dell did not officially announce the acquisition, but after sources contacted us, we noticed that Dell had actually published documents with the SEC<\/a> pertaining to some of the share awards for Cloudify employees. A spokesperson has now also confirmed the purchase to TechCrunch.<\/p>\n

\u201cDell Technologies announced that it has completed the acquisition of\u00a0Cloudify,\u201d the spokesperson said. \u201cThis transaction allows Dell to continue to innovate our edge offerings.\u201d<\/p>\n

Dell is not disclosing the value, or any other details, of the acquisition. Our sources tell us that the deal is valued at around<\/del> up to $100 million (could be as low as $70 million).<\/p>\n

That range make it a solid exit for Cloudify. Originally the startup was spun out<\/a> from GigaSpaces in 2017 \u2014 Nati Shalom, the founder and CTO of Cloudify, was also a co-founder of GigaSpaces. Since then, the startup has raised less than $8 million<\/a>, according to PitchBook data. It has several strategic backers on its cap table: VMware, KPN, and Intel were all investors in Cloudify.<\/p>\n

Dell has been active in Israel since acquiring Exanet in 2010<\/a>, which formed the basis of an R&D operation in the country. That acquisition was for a song, relatively speaking: Exanet was bankrupt at the time and the deal was done for $12 million.<\/p>\n

From what we understand, Dell had been looking for acquisitions in this space for a while.<\/p>\n

Cloudify\u2019s pitch is at engineers who are grappling with managing network and data infrastructure at scaling organizations: It provides a platform that lets those DevOps engineers integrate and manage different products they may already be using \u2014 Ansible, Terraform, Kubernetes, ServiceNow, Jenkins, Azure, ARM and TOSCA among them \u2014 and automating the work of them working together.<\/p>\n

Avihai Michaeli, a startup advisor in the country, tells me that Dell long had its eye on Cloudify \u2014 which counts (in addition to its strategic backers) big names like AT&T, Cox, Accenture, and many more as customers.<\/p>\n

\u201cCloudify was challenging Dell in more ways than one,\u201d he said. \u201cFor example it competed with Dell\u2019s Enstratius.\u201d<\/p>\n

Dell is reporting results for Q4 at the beginning of March. Its market cap is currently at $29 billion.<\/p>\n

Updated with more information about the price<\/em><\/p>\n<\/p><\/div>\n

Read More<\/a>
\n Ingrid Lunden<\/p>\n","protected":false},"excerpt":{"rendered":"

Dell is making an acquisition to beef up its cloud services business, specifically its offerings in DevOps: The company is buying Cloudify, an Israeli startup that has built a platform for cloud orchestration and infrastructure automation. Cloudify\u2019s tools are used by cloud architects and DevOps engineers to manage containers, workloads, and more across hybrid environments.<\/p>\n","protected":false},"author":1,"featured_media":601422,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[31546,4441,46],"tags":[],"class_list":{"0":"post-601421","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-acquired","8":"category-cloud","9":"category-technology"},"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts\/601421","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/comments?post=601421"}],"version-history":[{"count":0,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts\/601421\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/media\/601422"}],"wp:attachment":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/media?parent=601421"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/categories?post=601421"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/tags?post=601421"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}