logo
Share SHARE
FONT-SIZE Plus   Neg

Dell To Acquire Make Technologies

PC maker Dell Inc. (DELL: Quote) on Thursday said it has signed a definitive agreement to acquire Make Technologies, a provider of application modernization software and services that reduce the cost, risk and time required to re-engineer applications.

Make Technologies was founded in 1999 and is headquartered in Vancouver, British Columbia. The company has developed unique intellectual property, including TLM Enterprise Suite, its applications migration software suite.

Make Technologies' software and services have helped IT departments reduce volume of code as well as associated operational costs.

Dell will add about 100 employees from Make Technologies to the Dell Services team. Additional terms of the transaction were not disclosed. The deal is expected to close in the second quarter of Dell's fiscal year.

by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

Editors Pick
Apple Inc. said Tuesday after the markets closed that its first quarter profit rose 38% from last year, driven by all time record revenue from iPhone and Mac sales as well as record performance of its App Store. The company's quarterly earnings per share also breezed past Wall Street expectations as did its quarterly sales. We are just a few weeks into 2015 and it has already been a busy year for merger deals and merger talks. Here is a list of some of the M&A stories that have made headlines so far in 2015. Diversified electronics maker TE Connectivity Ltd. is nearing a deal to sell its network solutions business unit to CommScope Holding Co., Inc. (COMM) in a deal valued at about $3 billion, according a Wall Street Journal report on Monday. A deal could be announced as early as this week. There has...
comments powered by Disqus
Follow RTT