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
China has largely blocked instant messaging service WhatsApp, the media reported. The disruption is said to be the latest step to tighten censorship as the country prepares for the Communist Party's congress in Beijing, which starts October 18. Walt Disney Co. has threatened to pull its programming from cable distributor Altice USA Inc. if the two companies are unable to reach a new deal before the end of September. The current contract between the two companies expires at the end of this month. Jaguar Land Rover, Britain's biggest car maker, is eyeing potential acquisitions of international automakers, Bloomberg reported Monday, citing people with knowledge of the matter. Jaguar Land Rover, owned by India's Tata Motors Ltd., has reportedly been holding internal discussion on acquiring other brands in order to diversify its range of vehicles.
comments powered by Disqus
RELATED NEWS
Trade DELL now with 
Follow RTT