logo
Share SHARE
FONT-SIZE Plus   Neg

Dell To Acquire Make Technologies

PC maker Dell Inc. (DELL) 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

Quick Facts

Editors Pick
The Justice Department, in the antitrust trial against the proposed Aetna- Humana Merger, argued that the merger would harm senior citizens who buy private Medicare plans. The U.S. Department of Justice stated that the merger would also harm consumers who buy plans on Affordable Care Act marketplaces, reports said. However, healthcare insurers Aetna And Humana defended their proposed merger.. Telecommunications firm Sprint has extended its Black Friday unlimited data offer for a limited time, the company said in a statement on Monday. When customers switch at least one line to Sprint and sign up for Unlimited Freedom with AutoPay, they get unlimited data, talk and text starting at just $20 per month/line for a family of five until January 31, 2018. Shares of Cerecor Inc. (CERC) plunged over 13% on Monday on disappointing top-line clinical results from its phase II clinical trial of CERC-501 for smoking cessation.
comments powered by Disqus
RELATED NEWS
Trade DELL now with 
Follow RTT