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Icahn bows out of battle for control of Dell

Last Updated: Monday, September 9, 2013, 23:26

Activist investor Carl Icahn said on Monday he was bowing out of an effort to block founder Michael Dell's proposed buyout of Dell Inc, determining "it would be almost impossible to win."

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

Last Updated: Monday, September 2, 2013, 09:55

Besides, the voting on a proposal to take Dell private by its founder and investment firm Silver Lake Partners has been delayed to September 12.

`Edward Snowden downloaded NSA secrets while working for Dell`

Last Updated: Friday, August 16, 2013, 10:47

Edward Snowden began downloading documents describing the US government`s electronic spying programs while he was working for Dell Inc in April 2012.

Dell's quarterly profit plummets amid buyout brawl

Last Updated: Friday, August 16, 2013, 09:11

Dell's fortunes remain closely tied to PC sales, which still yield about half of revenue.

Court delays conference on Icahn lawsuit to block Dell deal

Last Updated: Tuesday, August 13, 2013, 08:50

Icahn's lawyers will have to show that Icahn is at risk of irreparable injury if they are to win their bid for an expedited hearing.

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 rejects voting change

Last Updated: Thursday, August 1, 2013, 09:13

A person familiar with the matter later said Dell's chief executive and Silver Lake expect their deal to collapse unless there is a change in how shareholder votes are counted.

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 buyout offer, demands voting-rules change

Last Updated: Thursday, July 25, 2013, 09:09

The vote on the buyout was postponed for a second time, to next Friday, to give investors yet another week to consider. The first vote had been slated for July 18.

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.

HCL launches multi-brand service centers

Last Updated: Wednesday, July 10, 2013, 16:29

The HCL Touch centres, which will act as one stop repair outlets, will offer a wide range of services for multiple products and brands such as Blackberry, Samsung, Lenovo and Dell.

Dell to consider wearable computing following sinking PC sales

Last Updated: Friday, July 5, 2013, 16:43

Multinational Computer Technology Corporation Dell is exploring moves into wearable computing, after devices such as Google Glass and digital watches enhanced the trend further.