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Dell Is Now a Private Company Again
Gunfighter writes "StreetInsider.com reports that Dell, Inc. completed its go-private transaction by Michael Dell, Dell's Founder, Chairman and CEO, and Silver Lake Partners, a leading global technology investment firm. Stockholders will receive $13.75 in cash for each share of Dell common stock they hold, plus payment of a special cash dividend of $0.13 per share to stockholders of record as of the close of business on Oct. 28, 2013, for total consideration of $13.88 per share in cash. The total transaction is valued at approximately $24.9 billion."
Except for all the success they had with iMac, Powerbook G4, iBook before iPod
It’s high end services, not high end computers, that M. Dell really wants to do is sell.
Take a look at what companies Dell has been buying recently. They have been high end high touch hardware (IIRC in the storage market) and consulting services. He wants to go down the same road that IBM and HP have travled.
Dell has gigantic portion of the business market. desktop workstations, laptops, and servers.
So did Sun at one point.
I'm a good cook. I'm a fantastic eater. - Steven Brust
Except those were NOT that successful, and those were precisely the computers Dell was talking about and which were sinking Apple at the time.
Jobs vision was that he had to stop relying on desktop computers because he was clearly losing that war in spite of a few partially successful products. His vision saved the company by moving to gadgets, and letting the computer side play catch up. Jobs pretty much followed Dell's advice, pulling almost all the R&D money away from computers. He shit-canned his own operating system, went out and grabbed FreeBSD, Konqueror, and Cups, and packaged it to keep the faithful happy while the real effort went into the iPhone.
Only his pride prevented him from killing off the computer line altogether.
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