ISI's Brian Marshall estimates Dell (DELL +1.2%) paid $350M-$400M to acquire Wyse Technology,...

|About: Dell Inc. (DELL)|By:, SA News Editor

ISI's Brian Marshall estimates Dell (DELL +1.2%) paid $350M-$400M to acquire Wyse Technology, given Wyse's annual sales of $375M (+45% Y/Y). Marshall likes the deal, which helps Dell offset slumping traditional PC sales by bolstering its PC virtualization offerings, but doesn't expect it to have a huge top-line impact. Wyse rivals Citrix Systems (CTXS +1.5%) and VMware (VMW +2.1%) opened lower on the news, but have since bounced. (also)