So CEO Michael Dell presented shareholders with a $25 billion buyout that would take the company private, giving it space away from the public limelight (and pressure from investors) to rethink and reposition the struggling computer company for the future.
Fast-forward to 2018, and Dell’s prospects seem far better. Dell is now worth an estimated $70 billion – nearly triple what the buyout valued it at five years ago – and it has announced a bid to return to the public sector in a $22 billion buyout. It’s an astounding transformation. Dell and his investment partners at Silver Lake transformed the company from a struggling consumer electronics company into an enterprise powerhouse.
It’s indeed a pretty amazing turnaround. A few years ago, I would’ve never seriously considered a Dell. These days, though, their XPS 13 and 15 laptops are some of the best laptops you can get, with Linux editions available as well.