VMware shares soared on Monday on word that Michael Dell is ready to abandon his reverse merger plan between VMware and Dell Technologies. Shareholders were in open revolt, and Wall Street analysts were openly negative about the prospect of the deal. Employees weren’t thrilled either, and neither were VMware’s hardware […]
Michael Dell was reportedly the buyer behind the most expensive home ever purchased in New York City – a penthouse that sold for over $A127 million. The technology billionaire bought the Manhattan apartment in 2014, but the buyer’s identity was unknown at the time. The glamorous penthouse represents New York’s […]
Michael Dell was reportedly the buyer behind the most expensive home ever purchased in New York City – a penthouse that sold for over $US100 million. The technology billionaire bought the Manhattan apartment in 2014, but the buyer’s identity was unknown at the time. The glamorous penthouse represents New York’s […]
VMware has confirmed the rumours from earlier this week that Michael Dell is thinking of taking his massive company, Dell Technologies. VMware also confirmed that he’s is thinking of skipping the IPO process and going public in a reverse merger with VMware. Or he may do an IPO. Or he […]
http://instagr.am/p/BYbhqw9goId Just after Christmas, Alexa Dell got engaged to Harrison Refoua. Dell, 24, is a daughter of Dell Technologies CEO Michael Dell, who, with a net worth of nearly $US24 billion, is one of the wealthiest people in the world. Her fiancé, Refoua, is a millionaire real-estate investor. He presented […]
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Despite having access to all the money in the world, they have made their own fortunes.
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International customers get the tick.
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The brightest minds in tech.
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Today marks the 30-year anniversary of Dell Computer. By any account, Michael Dell's life is an all-American success story. My how times have changed.
Over the last year, the already horrific traffic situation in Silicon Valley has gotten worse. People that live there blame Marissa Mayer at Yahoo and Meg Whitman at HP and their demands that thousands of their workers drive into the office every day, one San Francisco resident told Business Insider. […]
Dell officially became a private company last week, buying back shares at $US13.75 a piece as part of the $US24.9 billion deal from Michael Dell and investor Silver Lake Management. One interesting thing Dell did was pay cash for employee’s stock options, even when those stock options were underwater, meaning […]
Good luck, Michael Dell.
Oh, you mad?
Just in case you need a recap.
For $13.75 per share.
Worse than walking away with nothing.
They try and "scare the shareholders," he says.
So Icahn will raise his offer and keep fighting.
You thought he was done?
Meanwhile Carl Icahn wants Dell to remain public.
A Carl Icahn-backed offer looms.
Making an alternative bid for the company.
Advice from a billionaire.
Says HP walked away from some less profitable server and PC deals.
Saving lives, ending ageing and educating our kids.
He's trying to sell them on the benefits of going private.
Why the computer maker is going private.
"Dave came into Dell as a change agent."
Icahn and Blackstone are both offering shareholders more money.
[credit provider=”Twitter/@MichaelDell” url=”https://twitter.com/MichaelDell”] If you’re following the deal to take Dell private closely, you know that that the companies two biggest shareholders (outside of founder Michael Dell) have voiced their opposition to the $24.4 billion sale.Both Southeastern Asset Management and T. Rowe Price say that the price tag “does not […]
[credit provider=”YouTube/pepwave24″ url=”http://www.youtube.com/watch?v=sZi1Ouc4Wtk&feature=related”] Dell management must be suffering from whiplash.Once one of the “four horsemen of tech”, the computer company rose to prominence by selling standardized boxes to enterprise customers. The model was operational discipline and minimal R&D.
[credit provider=”AP”] (Reuters) – Dell Inc’s largest independent shareholder, Southeastern Asset Management Inc, has told the computer maker that a $24.4 billion buyout bid undervalues it, adding to a chorus of investor dissatisfaction with the landmark deal to take it private, two sources close to the situation said.Southeastern has privately […]
Michael Dell has taken his company, Dell, private.
[credit provider=”Joi via Flickr” url=”http://www.flickr.com/photos/joi/116971225/sizes/z/in/photostream/”] Earlier, I wrote about what Dell was likely to do now that it is taking itself private.I suggested that Michael Dell and his private-equity backers would coin money, in part by paying themselves a huge one-time dividend with the cash sitting on Dell’s balance sheet.
[credit provider=”Twitter/@MichaelDell” url=”https://twitter.com/MichaelDell”] Well, the Dell deal is finally official.With the help of private-equity firm Silver Lake and a boatload of new debt, Dell has announced a deal to take itself private for $24 billion.
[credit provider=”AP”] When Steve Jobs returned to Apple in 1997, Michael Dell famously trashed the company with a killer quote. When asked what he’d do with Apple if he were in Jobs’ shoes, Dell said:
Michael Dell is on a mission to take his $23 billion PC company private once again, and a deal could be struck as soon as Monday.
Michael Dell is in talks with private equity firm Silver Lake to take his company, Dell, private.
[credit provider=”AP”] If you’d founded a tech company worth billions of dollars, what would you do with your cash?That’s a high-class problem faced by the moguls on this list.
As of yesterday, Dell and private equity firms Silver Lake and TPG were still just talking about a massive deal to take the company private.
[credit provider=”YouTube/pepwave24″ url=”http://www.youtube.com/watch?v=sZi1Ouc4Wtk&feature=related”] Buyout firms Silver Lake Partners and TPG have held talks with Dell about taking the company private, the Wall Street Journal reports.Speculation about who could be discussing a deal with the struggling hardware company ran rampant yesterday when Bloomberg broke the news that talks were being held […]
[credit provider=”Mike Coppola/Getty Images”] Next month’s Vanity Fair is going to include a deep dive in to the world of late billionaire private equity investor, gentleman and philanthropist Teddy Forstmann.Naturally, we can’t wait, and to ramp up anticipation, Vanity Fair has released some juicy details about a man who was […]
Before Hewlett-Packard bought British software company Autonomy, the deal was pitched to Michael Dell, the CEO of the eponymous PC maker, as well.
Microsoft CEO Steve Ballmer says the very first person he showed Microsoft’s Surface PC to outside of Microsoft was Michael Dell.
[credit provider=”AP”] Thanks to Facebook’s bungled IPO, Mark Zuckerberg’s net worth tanked this year.According to Forbes, Zuckerberg is now worth $9.4 billion, down from $17.5 billion last year.
[credit provider=”Business Insider”] Michael Dell wants you to know that PCs are NOT what Dell is all about.So not.
[credit provider=”bornrich.com” url=”http://www.instablogsimages.com/1/2012/02/07/1328599528.jpg”] These billionaire wives and girlfriends are no bimbos.Despite having access to all the money in the world, these women write novels, start companies, edit magazines and practice law.
[credit provider=”www.dealbreaker.com”] You didn’t expect Phil Falcone to take LightSquared’s bankruptcy lying down did you? Bloomberg reports that he’s found a new source of financing to get him through these rough times, Michael Dell.From Bloomberg:
[credit provider=”CNBC.com” url=”http://video.cnbc.com/gallery/?video=3000081655&play=1″] John Phelan, co-managing partner and co-founder of MSD Capital, revealed the one question he uses every time he interviews someone for a job.The question comes from legendary dealmaker Richard Rainwater, who is known for helping turn around Disney in the 1980s.
A couple of readers asked me to comment on the Sun Sentinel article Are loss-share lenders gouging us?
[credit provider=”Microsoft”] Dell is focusing on Windows 8 for tablets after seeing disappointing sales of Android tablets.Michael Dell told reporters yesterday that the company is “very aligned with Microsoft around Windows 8,” reports V3. He said that Android is “another opportunity ,but that market has not developed to the expectations” […]
Shervin Pishevar, the managing partner at Menlo Ventures and former chairman of Social Gaming Network, gave a truly inspiring speech at Silicon Prairie News’ Big Omaha conference recently.
[credit provider=”TXNP” url=”http://www.txnp.org/Article/?ArticleID=6437″] Last Thursday evening we ventured to watch Youth I.N.C’s Private Equity vs. Hedge Fund All-star basketball game at NYU.For the second year in a row, the Hedge Fund Team won the all-star game trophy, beating their PE combatants by 2 points.
[credit provider=”AP”] Google’s announcement yesterday that co-founder Larry Page would return as CEO caught the tech world by surprise. Mostly because that’s usually what a company does when it’s in trouble — and Google hardly needs saving.Still, it’s hardly an unusual move. Restoring power to a founder has shown itself to […]
Marc Benioff, Michael Dell and Adam Dell (Michael’s brother and a VC) just had lunch. We wonder what they talked about.
[credit provider=”Gizmodo” url=”http://gizmodo.com/5650457/the-many-mansions-of-modern-tech-giants”] My goodness, Steve Jobs‘ new house looks like it’ll be a doozy. And it’ll have to be, if he wants to keep up with the ivory castles his tech mogul cohorts have built for themselves. [slideshow] [slide permalink=”larry-ellison-1″ title=”Larry Ellison” content=”The Oracle CEO put this $25 million […]
The bidding war for storage-company 3PAR continues, with Dell raising its bid to $27 a share.
Dell has been forced to raise the price it is paying to buy 3PAR to $24.30 a share.
When the Dell shareholder votes were tabulated, the results weren’t kind to incumbent and founder Michael Dell: