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
Fiat Chrysler Automobiles NV (FCAU) is recalling nearly 26 thousand Chrysler 200s to fix a transmission issue that may prevent the vehicle from shifting into "park." Chrysler said that certain 2015-model year Chrysler 200 vehicles with V6 engines were affected. Chrysler blamed "inconsistent assembly... Gap reported an increase in fourth-quarter profit, as same store sales climbed 11 percent at its Old Navy brand, partly offset by currency impact. Earnings for the quarter topped Wall Street estimates by a penny, while sales were in line with expectations. J.C. Penney Co. Inc. (JCP) Thursday reported a swing to loss in the fourth-quarter from a profit last year, reflecting the absence of benefits from hefty tax gains recorded last year, despite a higher-than-expected revenue growth. Shares of the struggling department store chain plunged a near 10 percent,...
comments powered by Disqus
Follow RTT