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Dell To Buy Cloud Software Maker Wyse Technology

DOW JONES NEWSWIRES Dell Inc. (DELL) agreed to acquire cloud-computing software provider Wyse Technology Inc. as the computer maker looks to extend its virtual desktop offerings. Financial terms weren't disclosed. Dell--the world's third-largest PC maker by sales behind Hewlett-Packard Co. (HPQ) and Lenovo Group Ltd. (LNVGY, 0992.HK)--recently hired private-equity executive and former CA Inc. (CA) head John Swainson to shore up its software business as its looks to focus on higher-margin operations like software and data-storage systems. The company also agreed in February to buy backup and replication software maker AppAssure Software Inc., Dell's first software acquisition since it formed its software group. Dell expects to close the Wyse Technology deal in the second quarter and said it should add to earnings in the second half of fiscal 2013. The company reported in February its fiscal fourth-quarter earnings fell 18% as a shortage of disk drives hurt its ability to sell higher-end computers, though revenue edged up 2.2%. Shares closed Friday at $16.59 and were inactive premarket. The stock has gained 13% so far this year. -By Melodie Warner, Dow Jones Newswires; 212-416-2283; melodie.warner@dowjones.com

Stock News for Ca Inc. (CA)
DateTimeHeadline
05/27/201611:45:00Carrefour : Mise à disposition du prospectus de base du programme...
05/24/201609:00:00Media Alert: CA Technologies and the API Academy to Host API360...
05/19/201608:45:00Are These Tech Stocks Still Attractive to the Investment Community?...
05/17/201613:00:00Carrefour : Descriptif du programme de rachat d’actions voté pa...
05/17/201612:45:00Carrefour Dividend for Financial Year 2015
05/17/201612:45:00Carrefour : Dividende au titre de l’année 2015
05/16/201618:46:32Statement of Changes in Beneficial Ownership (4)
05/16/201618:46:32Statement of Changes in Beneficial Ownership (4)
05/12/201616:12:17Annual Report (10-k)
05/12/201608:00:00CA Technologies Delivers Real-Time Analytics to Help Streamline...
05/11/201617:04:00CA Profit Rises 15%; Outlook Mostly Above Expectations
05/11/201616:17:29Current Report Filing (8-k)
05/11/201616:05:00CA Technologies Reports Fourth Quarter and Full Fiscal Year 2016...
05/11/201610:50:00Judge Says Businessman Sam Wyly Hid Wealth Offshore
05/10/201611:50:00CARREFOUR : DECLARATION AU TITRE DE L’ARTICLE 223-16 DU REGLEMENT G...
05/09/201617:54:10Statement of Changes in Beneficial Ownership (4)
05/09/201617:53:15Statement of Changes in Beneficial Ownership (4)
05/05/201615:03:00Media Alert: CA Technologies to Present at Investor Conference
05/04/201616:31:00CA Technologies Declares Quarterly Dividend
04/28/201609:57:00CNN Politics Launches Data-driven App

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