Acquisition-hungry () has agreed to acquire software company Make Technologies for an unknown sum as it seeks to boost its capabilities in applications modernization.
The transaction remains subject to customary conditions and is expected to close in the second quarter of ?s fiscal year.
Financial terms were not disclosed in Thursday?s statement.
Make Technologies, headquartered in Vancouver, provides software and services that reduce the cost, risk as well as time required to re-engineer applications.
In a bid to reduce legacy infrastructure operating costs, companies are modernizing their applications portfolios, said.
A legacy system is an older technology or application that continues to be used because it still functions for the users? needs, even though newer technology can perform the same task more efficiently.
?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,? senior vice president Dave Johnson of said in a statement.
"By implementing the technologies acquired in Clerity Solutions and Make Technologies, 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."
On Wednesday, also announced that it purchased Clerity Solutions, another cloud-based company. Clerity assists customers move applications and data from legacy application systems to more modern architectures.
Earlier this week, also said it will buy privately-held cloud computing company Wyse Technologies in a move that expands its virtualization capabilities. Terms of the deal were not disclosed, but expects the transaction to add to its adjusted earnings in fiscal year 2013.
According to , Wyse will complement its enterprise portfolio and give it a "cloud client" addition to its product lineup.
has been on a buying binge lately as it snatches up software vendors to extend its reach into the cloud computing market.
Last month, the computer and technology giant also agreed to acquire privately-held SonicWall, an advanced network security data protection company, as it seeks to beef-up its security portfolio.
California-based SonicWall has more than 300,000 customers in 50 countries globally. Its security products include firewalls, secure remote access, email protection, backup and recovery.
The move expands ?s fast growing security portfolio, which includes cloud-based security solutions, data encryption and vulnerability and patch management.
?s share price edged up 0.09 percent climbing to $16.48 in trade on the Nasdaq on Thursday morning.
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