RumorTT: Dell in talks to take their company private

RumorTT: Dell could soon go private, have been talking to various firms about the deal.

@anthony256
Published Tue, Jan 15 2013 12:37 AM CST   |   Updated Tue, Nov 3 2020 12:25 PM CST

Dell have been going through a painful couple of years, with their consumer division not doing well in this 'post-PC' environment. The latest fuel to this fire is from a report by Bloomberg which states that the company are in buyout talks with at least two private equity firms.

RumorTT: Dell in talks to take their company private | TweakTown.com

The report cites "two people with knowledge of the matter" that Dell have already talked to numerous banks in order to finance the shift in direction, also noting that the talks are just preliminary right now and could completely fall apart at any minute if financing isn't secured, or an exit strategy isn't agreed upon.

We should hear more on this in the coming weeks, but it looks like things are about to get interesting for Dell.

Anthony is a long time PC enthusiast with a passion of hate for games built around consoles. FPS gaming since the pre-Quake days, where you were insulted if you used a mouse to aim, he has been addicted to gaming and hardware ever since. Working in IT retail for 10 years gave him great experience with custom-built PCs. His addiction to GPU tech is unwavering.

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