Linked by Thom Holwerda on Thu 12th Sep 2013 23:17 UTC
Hardware, Embedded Systems

Michael Dell has the won the battle for control of the computer company that he created, after shareholders backed his $24.8bn offer to take Dell private and revive the struggling business away from the incessant pressure of Wall Street.

The vote clears the way for the huge buyout, in which Dell is working with private equity partners Silver Lake after seeing off a challenge from activist investor Carl Icahn.

Must have been hard for him to see his baby slide into irrelevance. I hope for him he can turn things around, but I'm not sure if they'll be able to - they missed the boat, and it's probably in Fiji by now.

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RE: Comment by MOS6510
by znby on Fri 13th Sep 2013 12:49 UTC in reply to "Comment by MOS6510"
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We have a Dell printer, when you open it it says Lexmark, which is owned by IBM.

Just an FYI, Lexmark are not owned by IBM, in some ways it's quite the opposite - they were formed when IBM's Office Products Division was divested and turned into an independent company.

As pointed out above, I'm not sure what the point of Dell making their own printers and UPSes would be. It would cost them a lot of money to set up production, and distract them from their core business. It also wouldn't provide any value to the customer, quite the opposite in fact given that Dell are not going to churn out as many printers as Lexmark, or UPSes as APC.

Edited 2013-09-13 12:50 UTC

Reply Parent Score: 3

RE[2]: Comment by MOS6510
by MOS6510 on Fri 13th Sep 2013 12:54 in reply to "RE: Comment by MOS6510"
MOS6510 Member since:

Ah, thank you for the correction!

Reply Parent Score: 2