Dell Goes Private

— February 05, 2013

The computer behemoth is being purchased by its founder and CEO Michael Dell (with financing from the Silver Lake investment firm, Microsoft and a handful of others) for $24.4 billion.

Once the deal is final, Michael Dell will remain CEO, but the company will be taken private. The announcement was made earlier today.

“The implication of going private is that Dell is planning radical changes to its strategy and product roadmap," analyst firm Ovum stated. "While the company might come out of this transition stronger with a product lineup that better meets the needs of businesses and public sector organizations, there will be uncertainty as to what products and services stay, get strengthen, or get eliminated.

Some speculate that Dell might focus more on cloud computing, storage, software and less on their core PC and peripheral business. More on this story at sister publication VSR.

POST A COMMENT

comments powered by Disqus

RATE THIS CONTENT (5 Being the Best)

12345
Current rating: 1.5 (2 ratings)

MOST READ STORIES

topics

Must See


FEATURED REPORT

IoT 2020: How Inter-Connected Devices Will Impact the Enterprise

In realizing the vision of the IoT, we are in uncharted territory. It's happening so fast in so many separate pieces that managing and leveraging has escaped a majority of enterprises. This report provides a snapshot of the evolution of the IoT and examines what's to come to help you prepare for the impact—from the onslaught of technology and its unprecedented risk, to attaining the extraordinary value of innovative information.