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Dell Is Now a Private Company Again

Posted by timothy on from the back-to-the-dorms dept.

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."

4 of 151 comments (clear)

  1. Only one more step left... by SuperKendall · · Score: 5, Funny

    Shut it down

    --
    "There is more worth loving than we have strength to love." - Brian Jay Stanley
    1. Re:Only one more step left... by Wyatt+Earp · · Score: 5, Insightful

      Except for all the success they had with iMac, Powerbook G4, iBook before iPod

    2. Re:Only one more step left... by icebike · · Score: 5, Insightful

      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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      Sig Battery depleted. Reverting to safe mode.
  2. There's one thing that has to be said... by Megane · · Score: 5, Funny

    DUDE! You bought Dell!

    --
    #naabhaprzrag, #sverubfr-000, #agi-fcbafberq, negvpyr[pynff*=' negvpyr-ary-'] { qvfcynl: abar !vzcbegnag; }