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…
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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.
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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.
