Boomi Acquires Elementary Data for Around $40 to $45 Million
Boomi has acquired Israeli data observability firm Elementary Data in a cash-and-stock deal valued at $40 to $45 million, with all 17 of its employees joining the company.
Boomi has acquired Israeli data observability company Elementary Data in a cash-and-stock deal estimated at $40 to $45 million, according to Calcalist.
All 17 employees of Elementary Data will join Boomi.
The deal adds data quality, lineage, and governance tools to Boomi's capabilities—tools essential for enterprise AI deployment.
The acquisition connects data integration platforms with observability tools that verify data accuracy before it is used in applications and models.
What do these terms mean?
Data Observability: Tools that track data quality and completeness, alerting teams when issues occur that affect analytics or models.
Data Lineage: Recording the path of data from its source to its end use to understand how it changed and who modified it.
Cash-and-Stock Deal: An acquisition agreement where part of the purchase price is paid in cash and another part in shares of the acquiring company.
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