Boomi, a Dell Technologies business, has entered into a definitive agreement under which the company will acquire Unifi Software.
Unifi Software provides 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, according to a statement from Boomi. Unifi is headquartered in San Mateo, California, and operates a development center in Bangalore, India.
“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, says Boomi. At the core, these new capabilities bring self-service data discovery, catalog, and preparation tools. With automation and intelligence, Unifi’s technology allows users to predict the context of the data, and gives them the capabilities to ingest the data into data lakes, business systems, and artificial intelligence projects, according to the company.
“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.
The deal is expected to close in the near future, subject to customary closing conditions.
You can find the press release here.
[Image courtesy: Boomi]
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