May 19, 2020

Black Friday Deals and Steals

Apple
target
Black Friday
Best Buy
Bizclik Editor
2 min
Black Friday Deals and Steals

Black Friday is an age-old tradition that is one of the busiest and most dangerous shopping days of the year. Every year shoppers anxiously camp outside of stores for hours, waiting to stampede inside and snag any doorbuster deal they can find, trampling over anyone or anything that gets in their way. And each year stores up the ante in an attempt to outdo themselves, and their competition.

This year is no exception. Many mega-retailers, such as Wal Mart, are jumping the gun, so to speak, and announcing their holiday sales weeks in advance and even opening their Black Friday doors as early as 10 p.m. on Thanksgiving. So get a jump-start on your holiday shopping and check out what Black Friday deals some of your favorite stores and online retailers are offering.

Online retail giant Amazon.com is embracing the holiday season by offering a “penny-pincher sale,” according to the Los Angeles Times. All phones from Verizon, Sprint and AT&T with a new line of service will be on sale for a penny, including free two-day shipping. The offer will be good through 11:59 p.m. Pacific time on Nov. 28 while supplies last, says the Los Angeles Times. Also, shoppers who purchase an eligible hot spot-ready smartphone – which include the Motorola Droid Razr 4G, Samsung Galaxy SII Epic Touch and HTC ThunderBolt 4G – and activate the hot spot feature will receive a $100 Amazon.com gift card.

If you’re looking to grab a coveted Apple product this season Black Friday might be your chance to snag a great deal. "Mark your calendar now, and come back to the Apple Online Store the day after Thanksgiving for some special one-day event," an ad on the Apple website reads, according to pcmag.com. "You'll discover amazing iPad, iPod, and Mac gifts for everyone on your list."

Although the specifics of this one-day sale, which will only occur online, aren’t stated, last year Apple’s sale included $101 off the iMac, MacBook Pro and Macbook Air.

Best Buy is also offering some enticing holiday deals; such as the Sharp 42-inch 1080p LCD HDTV for a mere $199.99 or an assortment of Blu-ray DVD’s for only $4.99.

Another mega-retail giant, Target, is offering doorbuster deals starting at midnight. Its sale includes an Xbox 360 4GB, which will be on sale for $139.99 and an Amazon Kindle Keyboard (with special offers) for only $85.

 

 

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May 3, 2021

Dell to sell cloud-based iPaaS Boomi in US$4bn deal

Dell
Boomi
Cloud
Acquisition
Kate Birch
3 min
Francisco Partners and TPG Capital agree to acquire Boomi – provider of cloud-based integration platform as a service – from Dell Technologies for US$4bn
Francisco Partners and TPG Capital agree to acquire Boomi – provider of cloud-based integration platform as a service – from Dell Technologies for U...

Global investment firm Francisco Partners and private equity platform TPG Capital have entered into an agreement with Dell Technologies to acquire cloud-based integration platform as a service provider Boomi in a cash deal valued at US$4bn. The deal is expected to complete this year.

“Boomi has flourished as part of Dell Technologies, growing exponentially since we acquired them in 2010. This proposed transaction positions Boomi for its next phase of growth and is the right move for both companies, our shared customers and partners,” said Jeff Clarke, vice chairman and chief operating officer of Dell Technologies.

“For us, we're focused on fuelling growth by continuing to modernise our core infrastructure and PC businesses and expanding in high-priority areas including hybrid and private cloud, edge, telecom and APEX. All designed to help organisations thrive in the do-from-anywhere economy.”

Dell’s Boomi sell-off follows VMware spin-off

This announcement comes just two weeks after Dell said it would spin-off its 81% equity ownership of VMware to form two standalone companies. This would result in an expected US$9.3bn cash dividend payment to Dell, which says it will use those funds to pay down debt.

When Dell acquired Boomi in 2010 for an undisclosed fee, Boomi offered the industry’s only pure SaaS application integration platform, powered by its revolutionary AtomSphere technology. Dell saw Boomi as addressing one of the top barriers to cloud adoption at that time, which was managing and integrating cloud-based applications with existing applications and databases.

Now, Boomi has more than 15,000 customers globally and is still seen as a leader when it comes to organisations connecting applications, processes and people across a range of locations and devices – a process that can take weeks rather than months.

“I am incredibly proud that through innovation, passion and relentless execution, the Boomi team has created a unified platform for the modern-day hybrid IT landscape that thousands of customers worldwide depend on to digitally transform their business,” said Chris McNabb, chief executive officer of Boomi.

“By partnering with two tier-one investment firms like Francisco Partners and TPG, we can accelerate our ability for our customers to use data to drive competitive advantage. In this next phase of growth, Boomi will be in a position of strength to further advance our innovation and market trajectory while delivering even more value to our customers.”

Francisco Partners has invested in more than 300 technology companies since its launch 20 years ago and has more than US$25bn in assets under management.

“The ability to integrate and connect data and workflows across any combination of applications or domains is a critical business capability, and we strongly believe that Boomi is well positioned to help companies of all sizes turn data into their most valuable asset,” said Dipanjan Deb, co-founder and chief executive officer, and Brian Decker, partner, at Francisco Partners

Nehal Raj, partner, and Art Heidrich, principal, at TPG Capital added: “The need for automation and data integration across applications has never been greater. Boomi's cloud-native platform enables enterprises to streamline business processes and is essential for driving digital transformation.”

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