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Monday, May 3, 2021

Dell to sell its cloud business Boomi to Francisco Partners and TPG for $4 billion

The PC maker is under pressure to boost profitability after its debt-laden acquisition of data storage provider EMC Corp for $67 billion in 2016 failed to meet financial targets, hurt by intensifying price competition.

from Tech-Economic Times https://ift.tt/3ue6vC5

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