Dell has announced Tuesday that they would acquire Wyse Technology Inc., a privately held provider of cloud computing and desktop virtualization technologies.
The deal is the latest in a string of moves by Dell to move beyond its hardware business into management and services offerings. The addition of Wyse will expand Dell's desktop virtualization capabilities.
Dell's acquisition of Wyse "enhances our portfolio in the critical area of cloud computing and further supports our efforts to help our customers innovate end-to-end IT solutions from the edge to the core of the cloud," said David Johnson, Dell's senior VP for corporate strategy, during a conference call with reporters and analysts.
Wyse, ranked number one in thin client unit shipment volume on 4Q 2011, has shipped more than 20 million units worldwide and has over 200 million people interacting with its products each day.
The company has more than 180 patents, both issued and pending, covering its solutions, software and differentiated intellectual property.
While Dell's acquisition of Wyse has been approved by both companies' boards, it remains subject to closing conditions. Dell said it expects to complete the acquisition by the end of its fiscal second quarter, 2013. The financial details of the deal were not disclosed.
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by RTT Staff Writer
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