Boomi, a Dell Technologies business, announced today it has entered
into a definitive agreement under which Boomi will acquire Unifi Software. The
acquisition expands Boomi’s industry leading integration and data management
platform to accelerate successful, data-driven insights for customers.
Unifi Software provides market-leading intelligent data discovery, catalog, and
preparation offerings built on a cloud technology stack. Using this technology,
customers can embark on projects that uncover and derive insights from vast
amounts of data across the enterprise; both known and unknown. Unifi alleviates
data bottlenecks and delivers faster business insights.
“Boomi continues to drive the industry and redefine iPaaS. With the growth of
multi- cloud, edge, and hybrid IT, managing data has become an enormous
challenge for enterprises. This acquisition allows our customers to derive
insights, deliver intelligence, and drive action from known and unknown
enterprise data. For most customers, on average, between 60-73% of their
data is unknown, that was a huge blind spot when transforming your business,”
said Chris McNabb, CEO of Boomi. “Today’s acquisition of Unifi Software expands
Boomi’s data management capabilities. Unifi has a team of passionate, talented
and motivated professionals and I am excited to welcome them into the Boomi
family.”
The addition of Unifi to Boomi’s data integration platform breaks down the
barriers of operational data silos and democratizes the flow of information
across the enterprise. At the core, these new capabilities bring self-service
data discovery, catalog, and preparation tools to empower business users
providing a more complete solution to solve data integration challenges. With
automation and intelligence, Unifi’s technology allows users to predict the
context of the data in order to discover where data resides, understand its
structure and meaning, provide a level of trust in the quality of the data, and
gives them the capabilities to ingest the data into data lakes, business
systems, and artificial intelligence projects.
“Boomi is further extending its leadership position with this acquisition by
providing customers with an unprecedented, data management platform with
pervasive artificial intelligence at its core,” said Steve Wood, CPO of Boomi.
“Unifi Software not only enables data discovery and cataloging, but also data
preparation in one platform which is key to truly leveraging your data to drive
business insights.”
“The Unifi team has worked hard during the past few years to create the leading
intelligent data preparation and catalog platform, identified as such by
industry analysts, and we’re thrilled that Boomi has recognized our
leadership,” said Sean Keenan, Unifi co-founder and VP of Product. “We are
excited to join forces with Boomi to accelerate data-driven insights for
customers. Together we’ll be a formidable combination,” added Ayush Parashar,
Unifi co-founder and VP of Engineering.
The deal is expected to close in the near future, subject to customary closing
conditions. The company is headquartered in San Mateo, CA and operates a
development center in Bangalore, India.
