Posts tagged “Dell”
Dell shares trade above Michael Dell's buyout offer
Shares in Dell., which last week agreed to be taken private, closed above the offer price for the first time since the announcement after the computer maker's largest outside shareholder said the proposed deal undervalues it.
Opposition mounts against Michael Dell's buyout plan
Michael Dell faces mounting opposition to his plan to take Dell private as the company's largest outside shareholder vowed to block the $24 billion buyout because it "grossly undervalues" the personal computer maker.
Dell sets Nov. 5 deadline to complete $24.4B buyout
Michael Dell and Silver Lake Management LLC can walk away from their proposed $24.4 billion leveraged buyout of Dell Inc. if the deal isn't completed by Nov. 5.
Investor sues Michael Dell, directors over $24.4B buyout
Dell Inc. Chief Executive Officer Michael Dell and other company directors were sued by an investor over claims the computer maker's board is shortchanging shareholders in a $24.4 billion management-led buyout.
Dell goes private in move that signals decline of PC market
Michael Dell is taking back majority control of the company he started in a University of Texas dormitory almost three decades ago after struggling to equip the PC maker for a new generation of competitors in mobile and cloud computing. He's wagering that he can more effectively transform Dell into a provider of a broad range of products for corporations outside the scrutiny of public investors, even while encumbering it with about $17 billion in additional debt.
No. 3 PC maker Dell goes private in deal worth $24.4B
Dell, the world's third-biggest maker of personal computers, is going private in a deal valued at $24.4 billion, undertaking the biggest leveraged buyout since the financial crisis.
Dell reportedly near $24B deal to go private
Shares of Dell climbed in premarket trading Tuesday on reports the personal computer maker is nearing a deal to go private worth between $23 billion and $24 billion.
Big firms IBM, Lenovo, Cisco, others need small partners to cash in on $5B federal contract
Dell, Lenovo, IBM, Hewlett-Packard Co. and other big information technology providers will need to align themselves with small businesses to tap a $5 billion federal contract to supply items such as laptops, servers, routers and storage systems.
Samsung passes Apple as No. 1 chip buyer; Lenovo, Cisco in top 10
Samsung is the new leader in the buying of semiconductors, passing Apple for the top spot. Meanwhile, Lenovo rises to No. 6. Cisco is No. 9. However, overall, semiconductor sales fall 3 percent.
Microsoft reportedly to help finance Dell buyout
Dell is getting closer to clinching a leveraged buyout with Silver Lake Management, and Microsoft is planning to provide part of the funding, people with knowledge of the matter said.
Dell hires boutique bank to seek better go-private offer
Dell, which may announce this week it's being taken private by a group led by Silver Lake Management, hires Evercore Partners Inc. to advise a special committee of the board and to test whether the company could get a better offer, sources say.
Partners reportedly raise $15B to take No. 3 PC maker Dell private
Silver Lake Management and partners are close to lining up about $15 billion in funds for a buyout of Dell, the third-biggest maker of personal computers, sources tell Bloomberg news.
Can Michael Dell raise $20B needed to take his company private?
A leveraged buyout of Dell would require Michael Dell and private-equity firms to accomplish a feat not seen since 2007: pulling together more than $20 billion in equity and debt to finance the deal.
Dell eyes going private to reboot the entire company
Dell, the third-largest personal-computer maker, is discussing a leveraged buyout with private-equity firms TPG Capital and Silver Lake, a person with knowledge of the matter tells Bloomberg news.
Ex-IBMer whose hiring at Dell triggered lawsuit leaves PC maker
Dave Johnson, who handled mergers and acquisitions for Dell, has left the company to join private equity firm Blackstone Group.
Health firm reportedly picks Triad Dell plant for 500 jobs
Herbalife, a healthcare company that makes a variety of products from personal care to sports and fitness, is expected to announce today it has selected Winston-Salem as the site for a 500-job facility.
CEO: Dell will focus on acquisitions to complement hardware
Dell, which has spent more than $12.7 billion on 18 acquisitions since 2009, will focus on small and medium-size deals to add tools that complement its personal computers and servers, founder Michael Dell says
Apple, Lenovo and PC manufacturing job hype - Remember Dell?
Apple's decision to build some Macs in the U.S. starting next year coupled with Lenovo's recent announcement about building PCs in the Triad shouldn't erase the painful memories of Dell's fiasco in North Carolina.
World's rush to tablets picks up speed - sales to double by 2016
Amid a forecast for declining PC sales this year, research firm IDC predicts that tablet sales will more than double by 2016. And Microsoft will help lead the way with increasing market share.
Microsoft-Intel push into tablets with Lenovo, others, is sputtering
Of more than a dozen tablets Microsoft and Intel touted for the new version of Windows, only five can be purchased for immediate U.S. delivery. Plus, early demand for Microsoft's first computer, the Surface tablet, seems "disappointing," said Craig Berger, an analyst at FBR Capital Markets.

























