Dell Strikes Again, Buys Another Software Outfit (DELL)
Dell Inc. (NASDAQ: DELL) is two-for-two this week. That is two acquisitions in two days. Today, the company announced its acquisition of Chicago-based Clerity Solutions, an IT solutions company that helps its customers to migrate from mainframe hardware and software…
Clerity employs 70 people and the company will become part of Dell’s services group.
Today’s acquisition makes a little more sense than yesterday’s purchase of Wyse Technology because there is really just a single direction for Dell to take Clerity. Migrate Clerity’s customers to Dell’s servers and other cloud-based software. And Clerity probably didn’t cost as much as Wyse either.
Dell’s shares are down about -0.8% at $16.64 in a 52-week range of $13.29-$18.36.
Contact [email protected] for any questions or corrections.
Paul Ausick has been writing for 247Wallst.com for more than a decade. He has written extensively on investing in the energy, defense, and technology sectors. In a previous life, he wrote technical documentation and managed a marketing communications group in Silicon Valley.
He has a bachelor's degree in English from the University of Chicago and now lives in Montana, where he fishes for trout in the summer and stays inside during the winter.
