As we look at 2014, Dell is now the only major OEM that is a privately owned company.  Dell was a publically traded company for 25 years, its IPO was in 1988, a mere two years after Microsoft’s own IPO.   The $24.4 billion buyout orchestrated by Michael Dell is the largest leveraged buyout backed by private equity since the 2007 financial crisis. It is also the largest technology buyout ever.  Michael Dell and Silver Lake Partners put together most of the money with the addition of a $2 billion loan from Microsoft. The “new” private company has released an ad emphasizing its own startup roots: The ad also featured a number of companies that are important customers of Dell’s or Dell Ventures invested in including Amerijet, Gilt.com, The Knot, Overstock.com, Salesforce.com, Shazam, Shutterfly, TripAdvisor, and Zoosk.  It is quite common for large corporations to invest in small start-up and we have ...

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After battling Carl Icahn, Michael Dell has successfully been able to buy back his company (with the help of private equity firm Silver Lake) and take it private.  Michael has bet his own fortune on Dell going private and succeeding again. Michael Dell hopes to refocus the company without the pressures of shareholders and make innovate PCs and get more into the mobile business.  Microsoft has invested $2 billion in Dell to help finance this deal. Let’s take a look at Dell’s history: 1984 Michael Dell, 19 years old, starts a computer business, at first called PC’s Limited, as a pre-med freshman at the University of Texas at Austin 1985 The company designs its first computer, the Turbo PC, featuring an Intel 8088 processor running at 8MHz with a 10MB hard drive and a 5.25-inch floppy drive. 1988 The company, now known as Dell, holds an initial public offering, raising $30 million ...

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American multinational computer technology corporation Dell is considering taking the company off the publicly traded stock market, however if Microsoft is going to invest in Dell’s privatisation, Tony Redmond wants to have a say in the company’s future decisions.  However, whilst  this seems to be a reasonable approach for a billion pound investor it seems that dell isn’t too happy with this idea and it appears to be holding up negotiations.  A current arrangement includes almost 16% of founder Michael Dell’s stake in his company, Silver Lake Partners as well as Microsoft with $15 billion worth of debt financing from various banks.  However given the razor thin margins of PC OEM’s, clearly Microsoft is after Dell for more than simply profit, making a measure of control essential.  Wall Street Journal reports that despite these hiccups, the deal is still on track to go through and maybe announce in a matter ...

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