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.
Investor Carl Icahn and Southeastern Asset Management have made a counter-offer for Dell that would keep the computer company still publicly traded, according to reports.
In a filing to the U.S. Securities and Exchange Commission on Friday, Dell highlighted the dismal financial straits that led to its plan to take the company private, a move that now has some major shareholders in an uproar.
The CEOs of IBM and Dell have called on U.S. government leaders to put aside their differences and create a long-term agenda to promote innovation and improve the country's competitive stature in the world.
Virtualisation, Cloud computing and tablets are the next target markets for PC maker Dell as it repositions itself as IT solutions provider — and it has been on the acquisition trail to make it happen.
The U.S. government can save more than $US1 trillion over the next 10 years by consolidating its IT infrastructure, reducing its energy use and moving to more Web-based citizen services, a group of tech CEOs said in a report released Wednesday.
Two labor unions have asked Dell shareholders to withhold their votes for Chairman and CEO Michael Dell to remain as a director on the company's board following a US$100 million accounting practices settlement the company made with the U.S. Securities and Exchange Commission.
Dell will pay US$100 million to resolve an investigation by the U.S. Securities and Exchange Commission into the company's past accounting and financial reporting practices, it said Thursday.
Computer maker Dell has proposed a settlement in a long-term investigation by the U.S. Securities and Exchange Commission into the company's accounting and financial reporting practices, the company said Friday.