Dell announced Tuesday their plans to purchase the business email services company MessageOne for $155 million in cash. MessageOne’s software, which is delivered to customers over the Internet, helps companies manage and archive e-mail, minimize outages and prevent data losses, said Dell in a statement. MessageOne was co-founded by Dell’s Michael Dell with his brother Adam Dell and is owned in part by Impact Venture Partners and Impact Entrepreneurs Fund. If there is a deal, Michael Dell, his wife Susan and their children’s trust will receive about $12 million. Adam Dell will get about $970,000 and his parents will receive about $450,000.

Via Reuters