Vinson & Elkins Counsels Dell On Boomi Buy

Law360, New York (November 3, 2010, 12:04 PM EDT) -- Dell Inc. on Wednesday announced an agreement to purchase cloud computing software developer Boomi, another step in the computer maker's push to boost its technology portfolio with growing businesses.

Terms of the deal were not disclosed.

Boomi, a leader in the software services market, provides technology that allows computer users to easily integrate Internet-based applications and computer applications, significantly reducing costs for users.

Berwyn, Pa.-based Boomi is best known for its AtomSphere technology, the industry’s only pure “software-as-a-service” application, according to the deal announcement.

The deal...
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