Dell Plans to Acquire ASAP Software
Dell has entered into an agreement to acquire ASAP Software, a software solutions and licensing services provider and a subsidiary of Corporate Express. The acquisition will strengthen Dell's existing software business by integrating ASAP's complementary expertise in managing software licensing, purchasing, renewals, and compliance.
Under the agreement, Dell will purchase ASAP for approximately $340 million. The acquisition is subject to regulatory approvals and customary closing conditions. It is anticipated to close during Dell's fiscal third quarter.
ASAP is a provider of IT products and services to corporations and government organizations. Its subsidiary, License Technologies Group, specializes in licensing and e-commerce services for software publishers and their partners. Dell is increasingly being asked by corporate, government and institutional customers to deliver solutions that simplify software management. The ASAP acquisition is a key step in answering the needs of Dell customers.
The acquisition of ASAP furthers Dell's long-term initiative to radically simplify IT for customers by removing cost and complexity and making technology more efficient, manageable and flexible. Dell's strategy, developed through millions of direct conversations with customers, is based on a set of core beliefs that:
- Information technology shouldn't be as complex as it is.
- Customers should spend less on maintaining IT and more on innovation.
- Every IT project should not require an army of consultants.
- Computing should have minimal environmental impact.
- Superior information drives efficiency in an IT environment.
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