logo
Share SHARE
FONT-SIZE Plus   Neg

Dell To Buy Wyse Technology - Quick Facts

Dell Inc. (DELL) said it agreed to acquire Wyse Technology. Additional terms of the transaction were not disclosed.

The acquisition extends Dell's desktop virtualization capabilities and drives attachment of enterprise solutions, including servers, networking, storage and services.

The transaction, which was approved by the board of directors of each company, is expected to be accretive to Dell adjusted earnings in the second half of its fiscal 2013.

The deal is anticipated to close in the second quarter of Dell's FY13.

by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

Quick Facts

Editors Pick
Shares of Apple Inc. (AAPL) gained 5 percent in extended trading session after the tech giant reported a third-quarter profit and revenues that trumped Wall Street expectations driven by higher-than-expected iPhone sales. Although, Apple reported its second year-over-year decline in iPhone sales,... Micro-blogging site Twitter Inc. (TWTR), Tuesday reported a smaller loss for the second quarter, as revenues climbed 20 percent reflecting growth in its advertising business despite a continued poor growth in number of users. Adjusted earnings for the quarter trumped Wall Street expectations, while revenues... BlackBerry has launched its second Android smartphone DTEK50, which the struggling company touts as the most secure Android smartphone ever. DTEK50 is BlackBerry's second smartphone powered by Android, following the PRIV. The device actually shares its design and hardware specifications with the recently...
comments powered by Disqus
Follow RTT