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Boomi, LP

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Boomi
Company typePrivate
IndustrySoftware
Founded2000; 24 years ago (2000) in Berwyn, Pennsylvania, U.S.
FoundersRick Nucci
HeadquartersConshohocken, Pennsylvania, United States
Key people
  • Steve Lucas (CEO)[1]
  • Chris Port (COO)[2]
Products
OwnerFrancisco Partners
TPG Capital
Number of employees
1,300 (2020)
Websiteboomi.com

Boomi is a software company that specializes in integration platform as a service (iPaaS), API management, master data management and data preparation.[3][4][5] Boomi was founded in Berwyn, Pennsylvania, and first launched its services in 2007.[6][7]

History

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Boomi was founded in 2000, beginning with "configuration-based" integration. Its technology allows users to build and deploy integration processes using a visual interface and a drag and drop technique. This interface remains one of the key elements of the current Boomi platform. The company was named after Bhūmi, the Hindu goddess representing Mother Earth.[8]

In 2007, Boomi released the technology now known as "AtomSphere," an Integration Cloud. AtomSphere kept the visual, point and click interface for building integrations and can be managed through a browser-based UI.[9]

In February 2020, Boomi released its Integration Center of Excellence (ICoE) service.[10]

As of March 2020, Boomi has approximately 1,300 employees and 11,000 customers.[11]

M&A

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  • On November 2nd, 2010, Boomi announced its acquisition by Dell.[12]
  • In March 2017, Boomi acquired cloud-development platform company ManyWho.[13]
  • In December 2019, Boomi acquired Unifi Software.[14][15]
  • On May 2, 2021, it was announced that Francisco Partners and TPG Capital had entered into a definitive agreement with Dell Technologies to acquire Boomi.[16]

Platform

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Boomi provides an integration platform as a service (iPaaS), which enables the connection of applications and data sources.[17] It is a low-code development platform.[18] The platform provides API, lifecycle management and event-driven architecture features for cloud integration.[19] This includes an API Proxy, API Gateway and API Developer Portal.[19]

The platform also supports event-driven architectures.[19] Boomi's EDA partners include Dell EMC and Solace as well as vendors specializing in message brokers, event meshes, streaming and pub/sub technology.[19] The platform also offers integrations for Amazon SQS, Microsoft's Azure Service Bus services and Pivotal's RabbitMQ.[19]

After Boomi acquired Unifi Software, Boomi incorporated data discovery, catalog and preparation tools into its platform, and continues to offer Unifi as a stand-alone product.[3][20]

In August 2019, Boomi’s iPaaS was authorized by FedRAMP.[21]

Boomi's platform is currently being used by the American Cancer Society, Bank of America Merrill Lynch, Gilead Sciences, International Justice Mission, Novartis, Sky Group, Texas Instruments, University of Technology Sydney and Moderna.[22][23][24][25][26][27]

The ICoE service run by Boomi provides reusable frameworks and industry guidelines for integration.[10]

References

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  1. ^ "Boomi Names Steve Lucas as Chief Executive Officer". Boomi, LP. 7 December 2022.
  2. ^ "The Software Company Of The Future Will Be Built On Customer Experience". Forbes. 1 March 2022.
  3. ^ a b Dignan, Larry (December 17, 2019). "Boomi acquires Unifi Software, aims to meld data catalog, discovery with its integration platform". ZDNet.
  4. ^ Corner, Stuart (2018-02-08). "Dell Boomi rides the IPaaS wave". Computerworld. Retrieved 2018-02-26.
  5. ^ Greg Roumeliotis and Liana B. Baker (2013-01-26). "Dell considering acquisitions or possible IPO: sources". finance.yahoo.com. Retrieved 2018-02-26.
  6. ^ Fiveash, Kelly (2010-11-02). "Dell gets SaaSy with Boomi buy". theregister.co.uk. Retrieved 2018-02-26.
  7. ^ Metz, Cade (2011-04-14). "Meet Dell, your internet service provider". theregister.co.uk. Retrieved 2018-02-26.
  8. ^ "The Purpose of Dell Boomi Lives in the Company Name: TractionForce 2019 Sponsor Highlight". tractionondemand.com. May 14, 2019. Retrieved April 29, 2020.
  9. ^ Drake, Nate and Turner, Brian (2019-12-14). "Best cloud brokers of 2020: integrate services for hybrid clouds". TechRadar India. Retrieved 19 December 2019.{{cite web}}: CS1 maint: multiple names: authors list (link)
  10. ^ a b Cardoza, Christina (February 25, 2020). "Boomi releases Integration Center of Excellence service". ITOps Times.
  11. ^ DiStefano, Joseph N. (March 25, 2020). "Cloud vs. coronavirus: How Dell Computer's Boomi, from Philly burbs, keeps Europeans working from home for Comcast's Sky". The Philadelphia Inquirer. Retrieved June 18, 2020.
  12. ^ "Dell to Acquire Boomi; Adds Industry's No. 1 Integration Cloud Solution to SaaS Capabilities". Dell Press Release. November 2, 2010. Retrieved March 4, 2016.
  13. ^ Brown, Matt (March 17, 2017). "Dell Boomi CEO: Acquisition Of ManyWho Will Help Partners 'Bring Solutions To Market Very Rapidly'". CRN. Retrieved June 18, 2020.
  14. ^ DiStefano, Joseph N. (December 18, 2019). "Dell's Boomi adds 'dark data' crawler; FS Investments adds stock funds". The Philadelphia Inquirer.
  15. ^ Kerner, Sean Michael (January 13, 2020). "Boomi acquisition of Unifi Software nets data management". TechTarget.
  16. ^ "Francisco Partners, TPG buy Dell's cloud business Boomi for $4 billion". Reuters. 2021-05-02.
  17. ^ Lawton, George (February 10, 2020). "What it takes to create ERP integration strategy success". TechTarget.
  18. ^ Greig, Jonathan (May 1, 2020). "COVID-19 triggering a massive shift in adoption of low-code platforms". TechRepublic.
  19. ^ a b c d e Ta, Ha (October 4, 2019). "Boomi platform adds API management, EDA support". TechTarget. Retrieved June 18, 2020.
  20. ^ Kovar, Joseph F. (December 17, 2019). "Dell-Owned Boomi To Buy Unifi In Quest For Business Data Insights". CRN. Retrieved May 26, 2020.
  21. ^ Asturias, Diego (October 22, 2019). "Q&A: Inside Boomi's secret growth recipe, business-model edge". SiliconANGLE.
  22. ^ DiStefano, Joseph N. (December 18, 2019). "Dell's Boomi adds 'dark data' crawler; FS Investments adds stock funds". The Philadelphia Inquirer. Retrieved June 18, 2020.
  23. ^ Asha McLean (2018-02-08). "UTS charging towards all-cloud with legacy tech no longer making the grade". ZDNet. Retrieved 2018-02-26.
  24. ^ DiStefano, Joseph N. (March 25, 2020). "Cloud vs. coronavirus: How Dell Computer's Boomi, from Philly burbs, keeps Europeans working from home for Comcast's Sky". The Philadelphia Inquirer.
  25. ^ Greig, Jonathan (March 2, 2020). "Low-code platforms help with project backlogs and software development training". TechRepublic.
  26. ^ Amy-Vogt, Betsy (October 3, 2019). "Q&A: Dell Boomi helps the American Cancer Society get patients to treatment". SiliconANGLE.
  27. ^ Chan, Rosalie. "How Dell's Boomi Helps Moderna As It Distributes COVID-19 Vaccines". Business Insider. Retrieved 21 September 2021.
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