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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
06/22/201609:00:00CA Technologies Delivers New Comprehensive Cloud Technology Monitoring...
06/20/201603:03:00CFO Network Members -- WSJ
06/17/201611:40:00Carrefour: Result of the Option to Receive the 2015 Dividend...
06/17/201611:40:00Carrefour : Résultat de l’option pour le paiement du dividende 20...
06/16/201616:50:03Statement of Changes in Beneficial Ownership (4)
06/16/201609:00:00CA Technologies Named a Leader in Gartner Magic Quadrant for...
06/15/201616:33:28Additional Proxy Soliciting Materials (definitive) (defa14a)
06/15/201616:30:30Proxy Statement (definitive) (def 14a)
06/15/201610:00:00CA Technologies Addresses U.S. Congress on Cybersecurity Act...
06/15/201609:00:00CA Technologies Delivers First Integrated & Open Continuous Delivery...
06/13/201616:29:26Statement of Changes in Beneficial Ownership (4)
06/09/201609:00:00New Book from API Academy, CA Technologies Provides Guidance...
06/08/201618:18:02Initial Statement of Beneficial Ownership (3)
06/07/201611:50:00CARREFOUR : DECLARATION AU TITRE DE L’ARTICLE 223-16 DU REGLEMENT G...
06/07/201609:00:00CA Technologies Delivers New Agile Management Solutions to Redefine...
06/06/201617:28:08Statement of Changes in Beneficial Ownership (4)
06/06/201617:27:40Statement of Changes in Beneficial Ownership (4)
06/06/201617:27:14Statement of Changes in Beneficial Ownership (4)
06/06/201617:26:49Statement of Changes in Beneficial Ownership (4)
06/06/201617:26:49Statement of Changes in Beneficial Ownership (4)

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