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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; [email protected]

Stock News for Ca Inc. (CA)
03/17/201714:30:04Current Report Filing (8-k)
03/16/201717:16:51Prospectus Filed Pursuant to Rule 424(b)(5) (424b5)
03/16/201709:00:00CA Technologies Recognized for Exceptional Customer Service and...
03/15/201717:08:14Free Writing Prospectus - Filing Under Securities Act Rules 163/433...
03/15/201708:27:42Prospectus Filed Pursuant to Rule 424(b)(3) (424b3)
03/13/201709:00:00CA Technologies Named as a 2017 World’s Most Ethical Company b...
03/09/201701:30:00Carrefour: Solid 2016 Results
03/09/201701:30:00CARREFOUR : DES RESULTATS 2016 SOLIDES
03/06/201717:12:23Current Report Filing (8-k)
03/06/201716:30:00CA Technologies to Acquire Veracode, a Leading SaaS-based Secure...
03/06/201710:00:00CA Technologies Adam Elster Joins PENCIL Board of Directors
03/02/201709:00:00CA Technologies Positioned a Leader for Identity Governance and...
02/28/201709:00:00Are You Getting the Most Value from Your APIs?
02/23/201709:00:00Media Alert: CA Technologies to Present at Investor Conference
02/21/201705:00:00CA Technologies and InterDigital Partner on End-to-End IoT Solutions...
02/14/201717:57:53Amended Statement of Ownership (sc 13g/a)
02/13/201709:00:00CA Technologies Named an Overall Leader in Adaptive Authentication
02/08/201708:00:00TestPlant Appoints Chief Marketing Officer
02/08/201708:00:00TestPlant Appoints Chief Marketing Officer

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