Dell Acquires Cloud Client Company Wyse Technology
Dell has announced that they will be acquiring Wyse Technology. The terms of the deal were undisclosed, but Dell expects Wyse to be added to their fiscal 2013 earnings. Wyse will be integrated into Dell’s subsidiary of enterprise companies. Wyse is best known for making thin clients, but they have expanded into desktop virtualization software and hardware. The acquisition of Wyse will make Dell more competitive against companies like Citrix and VMware. Wyse has shipped over 20 million units and they have a pretty broad intellectual property portfolio. Dell will also start selling thin clients, cloud management software, and mobility tools to their product-line. Wyse has about $375 million in revenues trailing for the last 12 months and 500 employees. About 140 of those employees are software engineers that will work for Dell.