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Boomi acquires Israeli startup Elementary for up to $45 million

Original: Boomi acquires Israeli startup Elementary for $40-45 million

US integration software company Boomi has acquired Israeli startup Elementary in a deal valued at $40-45 million. Elementary specializes in data quality and observability. The purchase adds to a string of acquisitions of Israeli tech companies by international software firms, and is being covered by Israeli tech media as a further sign of continued dealmaking in the local startup sector.

Why now: A US software firm's reported $40-45 million acquisition of an Israeli startup is fresh M&A news of interest to the tech and investment community.

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