The Deal
Thursday, August 28, 
8:09 am


[Posted on August 2, 2007 - 2:17 PM]

Dell Inc.'s $340 million deal Thursday for ASAP Software Inc. underscores the computer maker's push into information technology services. Dell has long offered IT services, but it never really focused on them in the way rivals Hewlett-Packard Co. and IBM Corp. do. That appears to be changing as Dell announces its second deal of the summer. It acquired Silverback Technologies Inc., a maker of remote systems management, on July 19 for an undisclosed amount.

The deal for ASAP is Dell's fifth acquisition and third services sector buy in its 23-year history. In 2002 it purchased Plural Inc. as a way to get into services. Dell then avoided any acquisitions until 2006, when it bought high-end gaming computer company Alienware Inc. Analysts have called for Dell to do more deals, but in previous interviews founder and CEO Michael Dell had always stressed the computer maker's preference for organic growth. In the coming months, expect Dell to pick off more tech services companies.—Stacey Higginbotham

See Aug. 2 story from TheDeal.com
See July 19 post from Tech Confidential
See March 2006 story from Fortune

Tags: ,


Post a comment




Search


The Tech Confidential Network
The Tech Confidential Network unites the leading voices from around the Internet on the topics of high-tech startups, venture capital and investment exits. Bloggers and publishers that want to expand their readership and monetize their content are encouraged to apply to join the Tech Confidential Network.


Video

Inside The Deal: From I-banker to corporate dealmaker

SuzanneStevensAndMichaelRosenblatt.png
Executive recruiter Michael Rosenblatt gives an insider take on bankers heading to strategics.
 



Windward Ho!

Startups In New York




Syndicate


Fast Search


Categories
Monthly Archives

©Copyright 2008, The Deal, LLC. All rights reserved. Please send all technical questions, comments or concerns to the Webmaster.