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Dell (DELL-OLD) has acquired AppAssure, a fast-growing (194% growth in 2011) developer of...

Feb. 24, 2012 11:38 AM ETDell Inc. (DELL-OLD) StockDELL-OLD, GEN, CVLTBy: Eric Jhonsa, SA News Editor
Dell (DELL-OLD) has acquired AppAssure, a fast-growing (194% growth in 2011) developer of software for backing up applications running on servers. The acquisition puts Dell into more direct competition with Symantec (NASDAQ:SYMC) and CommVault (NASDAQ:CVLT), and comes 3 weeks after the company hired former CA head John Swainson to run its software business. (also)

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