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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
04/23/201509:00:00Media Alert: CA Technologies Announces Conference Call and Webcast...
04/22/201511:37:00CA Technologies Awarded Best Identity Management Solution at...
04/22/201508:00:00BT Puts CA Technologies Identity and Access Management Software...
04/20/201518:06:41AppDynamics, CA Inc. Settle Two-Year-Old Patent Dispute
04/20/201511:52:00CA Technologies and AppDynamics Settle Litigation
04/16/201509:15:00Banorte strengthens Fraud Prevention with Next Generation Advanced...
04/16/201509:00:00CA Technologies Positioned in the Leaders Quadrant of the Gartner...
04/14/201517:21:26Current Report Filing (8-k)
04/13/201509:00:00CA Technologies Conducts Advanced Research into Cloud Security
04/13/201501:58:2510 Top Dividend Nasdaq Dogs Nail 10% To 20% April Upsides; 2...
04/10/201511:50:00CARREFOUR : DECLARATION AU TITRE DE L’ARTICLE 223-16 DU REGLEMENT G...
04/10/201501:30:00Carrefour: Strong Sales Growth in the First Quarter of 2015
04/10/201501:30:00CARREFOUR : FORTE CROISSANCE DES VENTES AU PREMIER TRIMESTRE...
04/09/201509:00:00CA Technologies Wins Red Hat North American Partner Award
04/08/201517:06:56Current Report Filing (8-k)
04/02/201517:49:58Statement of Changes in Beneficial Ownership (4)
04/02/201517:49:58Statement of Changes in Beneficial Ownership (4)
04/02/201517:49:58Statement of Changes in Beneficial Ownership (4)
04/02/201517:49:33Statement of Changes in Beneficial Ownership (4)
04/02/201517:49:05Statement of Changes in Beneficial Ownership (4)

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