Dell has agreed to acquire ASAP Software in order to satisfy demand from large customers for tools and services that will help them manage volume license purchases.

Under the agreement, Dell will pay around $340 million for ASAP, which sells products for managing software licensing, purchasing, renewals, and compliance.

Dell said that the deal would help it enhance its offerings to large companies and government organisations with tools they can use to manage their IT systems and monitor usage in an effort to reduce costs and complexity.

Dell said that the deal would help it enhance its offerings to large companies and government organisations with tools they can use to manage their IT systems and monitor usage, in an effort to reduce costs and complexity. Dell has been looking to boost its enterprise options of late in an effort to recapture market share.

Another tool provides detailed reports of a company’s systems and software applications, including license compliance notices. The software views the configuration of PCs and servers, and also takes an inventory of all the IT systems used across an organisation.

ASAP employs around 600 people, with offices in North America and Europe. Dell expects to close the acquisition in the third quarter, subject to regulatory approvals.