Dell Technologies announces intent to acquire Moogsoft

0
343
Dell Technologies announces intent to acquire Moogsoft
Dell Technologies announces intent to acquire Moogsoft

The acquisition agreement between Dell Technologies and Moogsoft is set to enhance Dell’s offerings in the field of intelligent monitoring solutions, bringing advanced AI-driven technologies to the forefront of its operations.

Dell Technologies has recently revealed its plans to acquire Moogsoft, a leading AI-driven provider of intelligent monitoring solutions catering to DevOps and ITOps.

This strategic move is aimed at bolstering Dell’s AIOps (Artificial Intelligence for IT Operations) capabilities, which aligns perfectly with the company’s longstanding strategy of integrating AI functionality into its product portfolio and embracing a “multicloud by design” approach.

The acquisition agreement between Dell Technologies and Moogsoft is set to enhance Dell’s offerings in the field of intelligent monitoring solutions, bringing advanced AI-driven technologies to the forefront of its operations. With DevOps and ITOps support as a primary focus, this move underscores Dell’s commitment to providing cutting-edge solutions to its customers.

The deal is currently slated to conclude in Q3, with further details expected to be unveiled at the time of closing. This acquisition marks a significant step forward for Dell Technologies, as it aims to solidify its position as a leading player in the AI-powered technology landscape, offering innovative solutions that drive efficiency, reliability, and performance for businesses worldwide.

Also read:How technology can streamline hiring process for companies?

Do FollowCIO News LinkedIn Account | CIO News Facebook | CIO News Youtube | CIO News Twitter

About us:

CIO News, a proprietary of Mercadeo, produces award-winning content and resources for IT leaders across any industry through print articles and recorded video interviews on topics in the technology sector such as Digital Transformation, Artificial Intelligence (AI), Machine Learning (ML), Cloud, Robotics, Cyber-security, Data, Analytics, SOC, SASE, among other technology topics