Dell Announces Intent to Acquire Wyse Technology Red Rock, Texas: Apr 02, 2012 Dell today announced it has signed a definitive agreement to acquire Wyse Technology, the global leader in cloud client computing, to significantly extend its desktop virtualization offerings. The addition of Wyse will expand Dell’s desktop virtualization capabilities and provide new solutions and services opportunities for the full range of Dell’s enterprise offerings. In some environments, a virtual desktop allows enterprises to more efficiently and securely manage their users and end point devices. With this acquisition, Dell expands its enterprise solutions portfolio and offers customers an ever broadening array of tailored solutions to meet
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Cloud Growth – Cisco posts 79 percent jump in quarterly profit
by cloudtweaks on August 12, 2010
in Business, Cloud Computing, Invest, IT, Stocks, Technology, Trends
Cisco Systems CEO John Chambers on Wednesday reported strong revenue and profit — as well as thousands of new hires around the globe, including hundreds in San Jose — but his upbeat comments came amid “mixed signals” from customers nervous about the wobbly global economy. On a day markets plunged on worries about a stalling economic recovery, Cisco, the San Jose maker of the plumbing for the Internet, reported a $1.9 billion profit for its fourth quarter, a 79 percent increase from the same period a year earlier. Earnings were 33 cents a share, or 43 cents a share excluding
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