Dell nearing deal to sell cloud business Boomi – WSJ By Reuters

(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 https://www.wsj.com/articles/tpg-francisco-partners-near-deal-to-buy-boomi-from-dell-11619996400?mod=latest_headlines, citing people familiar with the matter.