Thursday, July 19, 2007

Dell To Acquire Billerica-Based SilverBack Technologies - Billerica, MA

Dell, the large computer manufacturer, announced on Thursday that it has entered into an agreement to acquire privately-held SilverBack Technologies, a Billerica-based provider of remote monitoring management services for IT infrastructure. Dell said that the terms of the deal will not be disclosed until all of the closing conditions are met. Dell said the acquisition is part of its strategy to focus on "IT simplification" for customers. SilverBack has received venture backing from Prism Ventures, North Bridge Ventures, Matrix Partners, Spectrum Equity, and Ironside Ventures.


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