Dell to Acquire Make Technologies, Further Expanding Capabilities in Applications Modernization

Dell today announced it has signed a definitive agreement to acquire Make Technologies, a leading global provider of application modernization software and services that reduce the cost, risk and time required to re-engineer applications.

Companies are modernizing their applications portfolios so they can reduce legacy infrastructure operating costs. These applications run most effectively on open, standardized platforms including the cloud. With the acquisition of Make Technologies, Clerity Solutions and existing Dell Services capabilities, Dell provides end-to-end solutions from hardware through application migration services.

Make Technologies’ unique approach to the automation of application and code migration has helped IT departments significantly reduce both volume of code and associated operational costs. The company differentiates in several ways:

• Provides customers with end-to-end application portfolio transformation solutions that modernize entire portfolios of legacy applications in less time and with higher precision
• Provides automated application and code migration tools to re-architect legacy application software and data to a more modern architecture
• Reduces cost of maintaining and managing legacy applications
• Drastically reduces the amount of custom code in legacy portfolios, while protecting the legacy information and business processes of the business functions it supports
• Increases business agility through a re-engineered application that better aligns with our customers’ current and future business processes

Make Technologies was founded in 1999 and is headquartered in Vancouver, British Columbia. Make Technologies has developed unique intellectual property, including TLM Enterprise Suite®, its applications migration software suite. Dell looks forward to welcoming Make Technologies’ approximately 100 employees to the Dell Services team. Additional terms of the transaction were not disclosed. The transaction remains subject to customary conditions and is expected to close in the second quarter of Dell’s fiscal year.

Quotes

“The addition of Make Technologies and Clerity Solutions to Dell Services positions us to lead in the fast-growing applications modernization space,” said Steve Schuckenbrock, president, Dell Services. “We have the capabilities to help customers with all their modernization needs—from re-hosting and re-platforming to code re-engineering. These offerings will enable Dell to support the thousands of commercial and public sector customers looking to migrate business-critical applications to open, standards-based architectures, including the cloud.”

“We continue to build and acquire the intellectual property necessary to execute on our strategy, and enable our customers to more simply and quickly deploy solutions that meet their needs,” said Dave Johnson, senior vice president, Dell Corporate Strategy. “By implementing the technologies acquired in Clerity Solutions and Make Technologies, Dell can help customers consolidate their legacy application on industry standard infrastructure. This will simplify their operational environments, lower their infrastructure costs, and enable them to leverage the cloud.”

"The combination of Make Technologies and Dell provides the market with a single vendor solution for any modernization activity and is an exciting step in expanding growth opportunities for our core application modernization software and services," said Bill Bergen, president and CEO Make Technologies, Inc. "Together, with Dell's global reach, scale and reputation for customer support, Make's methodology and tools will become even more accessible to more customers struggling with the dilemma that surrounds legacy environments."

About Make Technologies

Make Technologies® is a leading global provider of legacy modernization software and services. Founded in 1999, Make Technologies has guided organizations that maintain portfolios of legacy applications to transform and implement business-agile systems. By using our proven methodology and tools, our clients maximize their IT investments to support their customers’ demand for results, reduce costs, and increase productivity. The Make Technologies brand is a trusted name in enterprise legacy modernization, including relationships with Oracle® and IBM®.

About Dell

Dell Inc. (NASDAQ: DELL) listens to customers and delivers innovative technology and services that give them the power to do more. Dell Services develops and delivers a comprehensive suite of services and solutions in applications, business process, consulting, infrastructure and support to help customers succeed. Learn more at www.dell.com.

Special Note:

Statements that relate to future results and events are forward-looking statements based on Dell's current expectations. Actual results and events in future periods may differ materially from those expressed or implied by these forward-looking statements because of a number of risks, uncertainties and other factors. Risks, uncertainties and assumptions include the possibility that projected benefits may not materialize as expected; that the transaction may not be timely completed, if at all; that Dell is unable to successfully implement the plans, strategies and objectives of management for future operations, including the execution of integration strategies; and other risks that are described in Dell’s Securities and Exchange Commission reports. Dell undertakes no obligation to update these forward-looking statements.