Friday, August 03, 2007

Dell to Pay $340 Million To Buy ASAP Software - WSJ.com

Interesting co-opetition shift for Dell 

Dell Inc., moving to bolster its software and services offerings as its rivals also build up their software businesses, said it would acquire software maker ASAP Software Inc. for $340 million, the largest acquisition in its history.

ASAP, Buffalo Grove, Ill., makes software that helps companies manage licensing and compliance. The 600-person company is a unit of office products supplier Corporate Express NV of the Netherlands. Dell said the acquisition would strengthen its software business by helping simplify software management for its corporate, government and institutional customers.

Dell to Pay $340 Million To Buy ASAP Software - WSJ.com

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