Technology content trusted by users in North America and around the world.
4,960 Articles | 29,949 Posts
Select Your Edition:  
Tweakipedia
A wealth of
tech information!

TRENDING NOW: EA Vice President says PS4 and Xbox One are a generation ahead of the current fastest gaming PC on the market
USA EditionYou are located: Home > All News > Business, Financial & Legal News > RumorTT: Dell could go private with the help of Michael Dell, Microsoft and Silverlake

RumorTT: Dell could go private with the help of Michael Dell, Microsoft and Silverlake

By: (more) | Business, Financial & Legal News | Posted: Feb 1, 2013 3:16 pm

We have been hearing rumors that Dell wants to remove itself from the publicly traded market and once again become a private entity. If the recent rumors are true, Dell may just get its wish thanks to Michel Dell himself, Microsoft and Silverlake.

 

rumortt_dell_could_go_private_with_the_help_of_michael_dell_microsoft_and_silverlake

 

Michael Dell reportedly contributed his stake of $3.6 billion yesterday along with an additional $500 million to $1 billion investment, which gains him the majority share of the company's stock. That puts him owning over half the company's $9 billion equity check. Microsoft is said to be investing $1 - $2 billion, with Silverlake following suit. The company itself could contribute some funds to its buyout as well.

 

The Wall Street Journal is reporting that Microsoft will have more than just a stake in the PC manufacturing company. They are said to have a say in Dell's operations, and could shape the future of the once king of the personal computer market. Dell still holds the title of third largest PC manufacturer, but is losing market share.


SOURCE #1

Related Tags



Further Reading: Read and find more Business, Financial & Legal news at our Business, Financial & Legal news index page.

TweakTown News RSS FeedDo you get our news RSS feed? Get It! Got a news tip? Tell Us!

Post a Comment about this news



Check out our
RSS feeds!
  • Upcoming Content: Scythe Mugen 4 Tower CPU Cooler Review
  • Upcoming Content: NZXT Grid 10 Port Fan Hub Review
  • Upcoming Content: MSI Z77A-GD65 Gaming Series (Intel Z77) Motherboard Review
  • Upcoming Content: HGST Travelstar 7K1000 1TB 2.5" Hard Drive Review
  • Upcoming Content: Western Digital My Passport Edge for Mac 500GB External HDD Review
  • Upcoming Content: PQI Air Card 4GB Wi-Fi SDHC Review
  • Upcoming Content: LaCie CloudBox 1TB Personal NAS Review
  • Upcoming Content: Star Trek: The Next Generation - Season Three (1989) Blu-ray Review
  • Upcoming Content: The Hobbit: An Unexpected Journey (2012) Blu-ray Movie Review
  • Upcoming Content: Whatever happened to Comodo Time Machine?
  • Upcoming Content: ADATA DashDrive Elite UE700 USB 3.0 Flash Drive Review
  • Upcoming Content: MyDigitalSSD BP4 240GB mSATA Review


Business, Financial & Legal News Posts

View More Business, Financial & Legal News Posts


TweakTown Web Poll

Question: What new stuff are you most excited to see at Computex Taipei 2013?

Cases, Coolers & PSU’s

CPU's

Gadgets

GPU's & Video Cards

Keyboards & Mice

Laptops, Tablets & Phones

Motherboards & Chipsets

New Tech

SSD's & Memory

Booth Babes

or View the Results

View More Polls

Forum Activity

View More Forum Posts

Business, Financial & Legal Press Releases

View More Business, Financial & Legal Press Releases