hotrodlincoln
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Joined: 08 Apr 2003
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 Posted: Fri Feb 12, 2010 10:52 am Post subject: Dell buys California software company |
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By Kirk Ladendorf
AMERICAN-STATESMAN STAFF
Dell Inc. said Thursday it will buy a Silicon Valley software company in a bid to bolster its product offerings to small- to midsized businesses and government customers.
Dell will buy Mountain View, Calif.-based Kace Networks Inc. for an undisclosed price. The company, which employs about 125 workers, creates software to help midsized companies manage computer assets, deploy software, provide security and manage service desks.
The software is designed for small- to midsized businesses as well as government, education and health institutions. Its primary software product family is called Kbox, and it supports systems that run Windows, Macintosh and Linux software.
"We talk directly to thousands of these customers, and they tell us they need systems management tools geared for their environment," said Steve Felice, president of Dell's business segment tied to consumers and small- to midsized businesses. "The Kbox family of appliances is highly capable, quick to deploy, simple to use and provides a rapid return on investment — exactly the sort of best-value solutions we've delivering to customers."
Analyst Jayson Noland with R.W. Baird & Co. said the acquisition will support Dell's family of business and government software but is unlikely to have a substantial impact on the company's near-term performance.
Although Dell expects to see a rebound in corporate computer spending in 2010, it is also making more investments aimed at public sector and midsized businesses customers.
Those two business categories accounted for more than half of Dell's revenue and more than three-quarters of its operating profit in its most recent quarter, according to a report this week by analyst Aaron Rakers with Stifel Nicolaus & Co.
Dell is scheduled to report its fiscal fourth-quarter financial results Thursday.
kladendorf@statesman.com; 512-445-3622
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http://www.statesman.com/business/technology/dell-buys-california-software-company-230277.html |
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