Investor Carl Icahn, together with Southeastern Asset Management, has proposed a deal to Dell that would give the company’s shareholders the option to either receive $12 per share in cash, or $12 in additional shares valued at $1.65 per share.…
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Tag Archive for Dell
Dell Acquires Enstratius
May 6, 2013
Dell has acquired enterprise cloud-management software and services provider Enstratius. Terms of the transaction were not disclosed. Dell plans to keep Enstratius’s employees, and says will continue to invest in additional engineering and sales capabilities. Enstratius was founded in 2008, and…
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The Oakmark Funds Sells Its Stake In Dell
April 24, 2013
The Oakmark Funds has sold its stake in Dell. The sell-off followed Blackstone withdrawing from the bidding process. Below is an excerpt from an official statement released by Oakmark: We believed Blackstone had an information advantage compared to other potential bidders…
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Blackstone Withdraws From Dell Bidding
April 21, 2013
The Blackstone group has withdrawn from the Dell bidding war. In a letter to the Dell special committee, the investment group says that ’significant adverse issues’ since the proposal was submitted on March 22nd have led them to reconsider their…
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Dell Piloting Sustainable Living Facility On Its Texas Headquarters
April 18, 2013
Dell is piloting a team member garden and sustainable living facility on its global headquarters campus. The Dell Eco-Learning Center, launched in conjunction with Earth Day 2013, will highlight sustainable landscaping and food cultivation, and serve as a gathering place…
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PC Shipments Show Biggest Single Quarter Decline Ever
April 10, 2013
Video killed the radio star. And Windows 8 was perhaps the final nail in the coffin. PC shipments continue to decline, finds IDC, with users not (or not yet, at any rate) willing to shell out the big bucks for…
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Icahn, Blackstone Go Shopping For Dell
March 25, 2013
Dell says its ‘go-shop’ period has elicited two alternative acquisition proposals, from investment fund Blackstone and business magnate Carl Icahn. A Dell special committee has determined, after consultation with its independent financial and legal advisors, that both proposals could reasonably…
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Microsoft Issues Statement On Dell Privatization Loan
February 6, 2013
[Techtaffy Newsdesk] Microsoft has issued the following statement on the company’s decision to provide Dell with a $2 billion loan: “Microsoft has provided a $2 billion loan to the group that has proposed to take Dell private. Microsoft is committed…
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HP Releases Statement On Dell LBO
February 5, 2013
[Techtaffy Newsdesk] What does HP think of Dell going private? The company has issued a statement:
Cisco Updates Jabber; Supports Logitech, Jabra Accessories
January 17, 2013
[Techtaffy Newsdesk] Cisco has released new software that extends the Cisco Jabber unified communications application to virtualized workspace environments. The software, called the Virtualization Experience Media Engine (VXME), will be available initially on Cisco thin clients, followed by support for third-party devices,…
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