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Dell Inc. (NASDAQ: DELL) has struck again -- that is, another acquisition. This time, Dell purchased Everdream, a privately-held firm based in Fremont, California. The price tag was not disclosed.
Started in the heyday of the internet, Everdream has displayed staying power. The company has been able to build software tools that allow for remote management of computers -- such as dealing with patches, backups, and antivirus updates. The company uses an on-demand approach, which is gaining lots of traction in the tech sector. Just look at the success of companies like Salesforce.com (NYSE: CRM), NetSuite, and Taleo Corp. (NASDAQ: TLEO).
Currently, Everdream manages about 140,000 desktops. Although, with the power of Dell, that footprint will likely spike. What's more, the deal should be a nice fit with Dell's recent acquisition of SilverBack Technologies, which is also a remote services player.
Visit DealProfiles.com to check out other recent M&A deals.
Tom Taulli is the author of various books, including The Complete M&A Handbook
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