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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;

Stock News for Ca Inc. (CA)
11/24/201509:00:00New Poll Reveals Consumers Lack Education, Knowledge about New...
11/20/201516:40:55Statement of Changes in Beneficial Ownership (4)
11/20/201516:40:27Amended Statement of Beneficial Ownership (sc 13d/a)
11/20/201516:39:33Amended Statement of Beneficial Ownership (3/a)
11/20/201512:00:00Following Colbert’s Lead, CA Technologies Funds S...
11/18/201515:00:00CA Technologies Earns Top Marks in 2016 Corporate Equality Index
11/18/201513:00:00CA Technologies CEO Calls for Business Leaders to Harness the...
11/18/201513:00:00CA Technologies Unveils New Solutions to Drive Business Agility...
11/18/201509:50:00U.S. Hot Stocks: Hot Stocks to Watch
11/18/201509:17:00CA to Repurchase $590 Million of Shares From Largest Holder
11/18/201507:19:33Current Report Filing (8-k)
11/18/201507:00:00CA Technologies Increases Dividend, Accelerates Stock Repurchase...
11/12/201509:00:00CA Technologies to Webcast Financial Analyst Track from CA World
11/05/201516:29:00CA Technologies Declares Quarterly Dividend
11/04/201509:00:00CA Technologies to Present at RBC Capital Markets Technology...
10/22/201510:15:00CA Technologies and NCMEC Partner to Help Find Long-Term Missing...
10/22/201505:20:3510 Top NASDAQ Dividend Dogs Yield 3.46% To 7.24% As Of October...
10/22/201501:20:01CA Technologies' (CA) CEO Mike Gregoire on Q2 2016 Results...
10/21/201516:05:00CA Technologies Reports Second Quarter Fiscal Year 2016 Results

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