Computer giant Dell Inc.'s (NASDAQ:DELL) stock notched up by 2.94 cent on Thursday. Dell also recently announced its first cash dividend in history to shareholders.
Dell's stock gained 2.94 per cent, or 27 cents, to hit $9.45 a share that started at $9.19 on the Nasdaq.
Dell Inc.'s (NASDAQ:DELL) purchased two cloud-computing companies Clerity Solutions and Wyse Technologies as well as a security solution provider company SonicWALL, Inc. Dell has also completed the acquisition of Quest, an award-winning IT-management software provider.
Clerity helps customers move applications and data from old app systems to modern systems, Clerity’s will add to Dell Services to help customers reduce the cost of engineering by redesigning their critical applications and data based on legacy computing systems to latest architectures, including the cloud.
Wyse Technologies is the global leader and specializes in cloud client computing,. The addition of Wyse will not only improve Dell’s enterprise solutions and services but also expands Dell’s desktop virtualization capabilities .
SonicWALL, Inc.,is a security solution providing firm and leader in advanced network security, data protection , and secure remote access. Next-Generation Firewalls and Unified Threat Management (UTM) Firewalls will help Dell to provide its customers with better security solutions.
Dell also acquired software company Make Technologies to boost its capabilities in applications modernization. Make Technologies, provides software and services to reduce the cost, risk as well as time to re-engineer applications.
Dell Inc.'s (NASDAQ:DELL) second quarter sales were $14.5 billion, against estimates of $14.7 billion, Sales in the same period a year-ago were $15.7 billion.
Dell Inc.'s (NASDAQ:DELL) forecast revenue for third quarter is $13.8 billion against target of $14.85 billion a slight dip from second quarter.For fiscal year 2013 It is predicting earnings per share of at least $1.70 compared with forecast of $2.13 per share.
For the current year Dell saw its market down by 28.09 per cent.The major reason behind it is less sales of personal computers and consumers switch over to mobile devices and tablets.