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

Dell set to go private with help from Microsoft if rumors prove true.

@CharlesJGantt
Published Fri, Feb 1 2013 9:16 AM CST   |   Updated Sat, Aug 8 2020 10:29 AM CDT

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 | TweakTown.com

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.

NEWS SOURCE:techreport.com

A web developer by day, Charles comes to TweakTown after a short break from the Tech Journalism world. Formerly the Editor in Chief at TheBestCaseScenario, he now writes Maker and DIY content. Charles is a self proclaimed Maker of Things and is a major supporter of the Maker movement. In his free time, Charles likes to build just about anything, with past projects ranging from custom PC cooling control systems to 3D printers. Other expensive addictions include Photography, Astronomy and Home Automation.

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