Dell prepares to go public following VMware deal approval
Dell Technologies has received shareholder approval to buy back shares tied to its interest in VMware, paving the way a return to the market.
Dell Technologies has received shareholder approval to buy back shares tied to its interest in VMware, paving the way a return to the market.
Dell going private a year ago has allowed the vendor to focus on where investments need to be made, rather than being beholden to shareholders says Australia and New Zealand managing director Angela Fox.
Going private will give Dell the “passion and energy” of a technology startup, said Dell's vice president for Australia and New Zealand, Joe Kremer.
Dell will invest in additional acquisitions and remain committed to its struggling PC business once a $US24.9 billion deal to go private is complete, according to company officials.
Prominent shareholder advisory group Institutional Shareholder Services has given a stamp of approval to Dell founder Michael Dell's bid to take the company private.
Politics collided with the world of technology this year as stories about U.S. government spying stirred angst both among the country's citizens and foreign governments, and the flawed HeathCare.gov site got American health-care reform off to a rocky start. Meanwhile, the post-PC era put aging tech giants under pressure to reinvent themselves. Here in no particular order are IDG News Service's picks for the top 10 tech stories of the year.
Michael Dell and Silver Lake's decision to raise the offer to take Dell private is a concession that rival Carl Icahn and affiliate parties may have an upper hand in the wrangling to take over the company, observers of the deal said.