Michael Dell sees consolidation among PC makers in next few years

Last Updated: Monday, September 7, 2015, 20:44

The top three global PC makers would be able to raise market share in the next few years through consolidation amid shrinking sales of personal computers, Dell Inc Chief Executive Michael Dell said on Monday.

Lenovo resumes talks to buy IBM unit - source

Last Updated: Tuesday, January 21, 2014, 02:41

China`s Lenovo Group Ltd <0992.HK> has resumed discussions to buy International Business Machines Corp`s low-end server unit, a source familiar with the matter stated.

Icahn caves on Dell again, will not seek share rights

Last Updated: Friday, October 4, 2013, 22:22

Activist investor Carl Icahn, who ended his months-long campaign against Michael Dell's planned buyout of Dell Inc(DELL.O) last month, on Friday signaled his final retreat from the struggling personal computer maker.

Michael Dell's new $24.8 bn bid to take firm private gets nod

Last Updated: Friday, August 2, 2013, 23:27

Computer maker Dell today said it has entered into a revised merger agreement with a group led by its founder Michael Dell that sweetens the buy-out value of the company by at least USD 470 million to USD 24.8 billion.

Dell's buyout teeters as it rules out voting change

Last Updated: Wednesday, July 31, 2013, 22:34

Michael Dell and Silver Lake's USD 24.4 billion bid to take over Dell Inc suffered a blow on Wednesday after the company's special committee rejected their request to change the voting rules in exchange for a sweeter bid.

Michael Dell hikes offer to shareholders to protect deal

Last Updated: Wednesday, July 24, 2013, 22:39

Dell Inc founder Michael Dell and private equity major Silver Lake Partners Wednesday raised their share buyback offer by 10 cents to USD 13.75 apiece to take the company private.

Michael Dell says buyback 'bit of rebirth, exciting'

Last Updated: Tuesday, June 4, 2013, 11:49

Terming buyback of Dell, the world's third largest PC maker, as a a bit of rebirth for it and exciting, founder and CEO Michael Dell believes the proposed move is in the long-term interest of the company.

Dell reports 79% slide in profit on shrinking PC sales

Last Updated: Friday, May 17, 2013, 09:29

Dell Inc has reported a 79 percent slide in profit as personal computer sales continued to shrink.

CCI clears proposal for buyout of Dell

Last Updated: Thursday, April 18, 2013, 21:48

Fair trade regulator CCI has approved a proposed buyout of US-based global computing giant Dell Inc by its founder and chief Michael Dell, saying the deal will not impact competitive landscape in Indian market.

Dell profit plummets 31% ahead of $24 billion buyout

Last Updated: Wednesday, February 20, 2013, 11:07

The founder and CEO did not join in management discussion of the results in a conference call with analysts.

Dell’s $24.4 billion buyout plan faces strong opposition

Last Updated: Saturday, February 9, 2013, 10:14

Harris Associates LP, Yacktman Asset Management and Pzena Investment Management LLC are objecting to the buyout.

Silver Lake close to $15 bn financing for Dell buyout

Last Updated: Thursday, January 17, 2013, 10:15

Private equity group Silver Lake Partners who is the frontrunner for buyout of Dell Inc is close to arranging about USD 15 billion in financing for the deal.