Dell nearing deal to sell cloud business Boomi – WSJ

FILE PHOTO: A Dell logo is pictured on the front of a computer in this photo illustration in the Manhattan borough of New York October 12, 2015. Computer maker Dell Inc said on Monday it had agreed to buy data storage company EMC Corp in a $67 billion record technology deal that will unite two mature companies and create an enterprise technology powerhouse. REUTERS/Carlo Allegri

(Reuters) – Dell Technologies Inc, is nearing a deal to sell its cloud business Boomi to private-equity firms TPG and Francisco Partners, The Wall Street Journal reported on Sunday.

The deal values Boomi at $4 billion including debt, WSJ reported here, citing people familiar with the matter.

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