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Latest Michael Dell Stories

Dell Seeks $24.4B Buyback To Go Private
2013-02-05 12:55:15

Enid Burns for redOrbit.com — Your Universe Online Recovery comes at a price, and for Dell Inc. that price is $24.4 billion to finance a buyback and take the company private. The struggling computer manufacturer believes it can make a recovery but thinks in order to do so its operations and business decisions need to be free of the scrutiny of shareholders. With help from equity firm Silver Lake Partners, company founder and CEO Michael Dell will finance the $24.4 billion buyout to...

Microsoft In Talks To Join Dell Buyout
2013-01-23 04:26:52

redOrbit Staff & Wire Reports - Your Universe Online Microsoft is in discussions with private-equity firm Silver Lake Partners and Dell-founder Michael Dell to purchase a stake in the computer maker from public stockholders, according to multiple media reports citing sources familiar with the talks. Silver Lake is one of the main sponsors in talks with Dell to help bring the company private. Although Microsoft hasn´t yet committed to such a deal, the buyout reportedly...

Dell Bets Big On Windows 8 And Touchscreens
2012-05-23 12:25:56

Michael Harper for RedOrbit.com Dell hasn´t been doing very well lately. Last week, they made news as some pretty sexist remarks were made by a Dell representative at a Dell-hosted conference in Denmark. This week, Dell released their first quarter results, and they weren´t pretty. Down from Q1 2011, Dell´s profit shrank by 33% while their revenue slipped by 4% to $14.4 billion. Executives from Dell, including CFO Brian Gladden and CEO Michael Dell have blamed these...


Word of the Day
lunula
  • A small crescent-shaped structure or marking, especially the white area at the base of a fingernail that resembles a half-moon.
This word is a diminutive of the Latin 'luna,' moon.
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