Articles about Michael Dell

Dell chairman and CEO, Michael Dell

Dell buy-out latest: Big Mike makes shareholders an offer they can't refuse

Dell has once more put off the vote on whether company founder Big Mike can buy out the PC-making titan - after he and his biz partner Silver Lake Partners slightly upped their offer to shareholders and demanded a change to the voting rules. The computer giant's special board committee postponed the stockholder vote on Mikey …
Dell chairman and CEO, Michael Dell

Michael Dell: 'Cash in your shares, we are in a mess'

Dell is such a risky bet that it's a wonder shareholders invested their hard-earned cash in the stock in the first place. At least that is the impression given by Texan Mike, who outlined the challenges of remaining a PLC in an SEC filing as he steps up efforts to woo investors weeks before they vote on his $13.65 per share …
Paul Kunert, 21 Jun 2013
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Michael feels package shrink painfully as Dell freezes salary

Michael Dell may have to hold off on those gold taps for the bathtub in the corporate jet, or set his sights on a slightly less horizon-girdling Texan ranch after seeing his total compensation tumble at the company which bears his name. The founder and CEO at Dell, the firm he plans to take private again, saw his package …
Paul Kunert, 4 Jun 2013
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Icahn, SAM to give MickeyD the boot if they take over Dell

Michael Dell wants to take his company the company that bears his name private, but he might be polishing up his resume instead in a few months. Activist investor Carl Icahn and Southeastern Asset Management made it clear last Friday that they were not happy with the proposed $24.4bn takeover of Dell by the company's founder, …
Oracle co-president Mark Hurd explaining the Platinum service level price

VC firm asked Mark Hurd if he wants to run Dell - report

Former disgraced HP chief Mark Hurd is the man VC Blackstone would plonk at the top of Dell should it scupper a bid by Michael Dell and chums to take the enterprise tech firm private again. This is according to a report by Bloomberg, which states Blackstone is considering matching the $24.4bn offered by Dell the man and his …
Paul Kunert, 21 Mar 2013
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Carl Icahn may be planning to block Dell buyout

A new potential opponent to the proposed leveraged buyout of Dell by founder Michael Dell has emerged, in the form of none other than corporate raider activist investor Carl Icahn. On Wednesday, the special committee of Dell's board appointed to investigate the deal declared that selling the company would be the best option …
Dell chairman and CEO, Michael Dell

Will Michael Dell become the Marlboro man of the PC age?

Comment The mooted Dell takeover, the one to take it private again, is now happening. The big question is why? Why come off the public markets to operate as a private company again? The obvious and logical answer here being that the people buying the company think they can make more money this way than by not doing it. Why do they …
Tim Worstall, 6 Feb 2013
Dell chairman and CEO, Michael Dell

Michael Dell and the Curse of the Exploding Batteries

Call it the curse of the exploding lithium ion battery. The Wall Street Journal reports that Michael Dell, the man, or MSD Capital, his personal investment arm, is on the list to get a Boeing Dreamliner 787. Perhaps Dell's MSD arm is just taking a piece of the investment action in the Dreamliner, the Journal speculates, or …
VMware's outgoing CEO Paul Maritz with incoming CEO Pat Gelsinger looming large

Cloud 'destroys time' and fracking is great innovation

VMworld 2012 Dell supremo Michael Dell, EMC CEO Joe Tucci, NetApp opposite number Tom Georgens, soon-to-be VMware CEO Pat Gelsinger and his prececessor Paul Maritz have held court on a CEO-only panel at VMworld, largely reciting the same old stuff about how important it is for CIOs to simplify IT so that sysadmins can be unshackled from …
Simon Sharwood, 28 Aug 2012
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HP boss Whitman urged to get touchy-feely with resellers

HP CEO Meg Whitman, who will step out in front of a VIP audience at the invitation-only global partner knees-up in Las Vegas this week for the first since taking over at the vendor, should take a leaf out of Michael Dell's channel management notes. That's according to a bunch of resellers sitting at HP's top table - those …
Paul Kunert, 13 Feb 2012

Michael Dell: PC profits plunge not down to tablets

The sluggish demand for PCs that saw Dell's profit dive below Wall Street estimates in the last quarter is not due to tablets, Dell CEO Michael Dell said yesterday. Despite Dell's PC revenues falling 6 per cent in the third quarter of 2011, PCs are still selling better than tablets he told a conference in Bangalore, describing …
Anna Leach, 10 Jan 2012
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Michael Dell declines to eat his Apple (humble) pie

Web 2.0 Summit On the day Apple releases its quarterly results, which are broadly expected to make it the most valuable company the world, Michael Dell attempted to explain his infamous comment that Apple should be shut down and sold off. In 1997, Dell was speaking at a Gartner symposium and was asked what advice he would give to the new …
Iain Thomson, 18 Oct 2011
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Dell: HP's PC exit is an opportunity, not a death knell

It doesn't want to buy out Hewlett Packard's PC business, but Dell is going to keep making and selling computers – Michael Dell told FT.com yesterday. Dell sees HP's surprise exit from the field as an opportunity for Dell rather than a harbinger of doom for the industry. The Dell CEO maintained that hardware still matters and …
Anna Leach, 19 Sep 2011

Intel eyes up HP chief for top job

Intel is looking to build up its executive ranks and is apparently willing to look outside of the chip company's own walls to find some new top brass to compete for the top jobs that president and chief executive officer, Paul Otellini, will vacate in five years or so. A report in the Wall Street Journal cites unnamed sources …
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Fusion-io files for IPO

Privately-owned solid state storage vendor Fusion-io has filed for an initial public offering (IPO), hoping to cash in on the booming flash market. There are no details at all at the moment, other than that a filing with the SEC has been made with a notional $150m target. Goldman Sachs and Morgan Stanley are acting as lead …
Chris Mellor, 9 Mar 2011
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Dell talks shopping in Davos

Everybody wants to know what Dell is going to do to build up its business through acquisitions, but founder Michael Dell is only talking in vagaries, as is the norm at the World Economic Forum in Davos, Switzerland. Dell – the man – was on hand for the Forum, and took the opportunity to take a swipe at rival HP while at the …
The Register breaking news

Michael Dell snaps up Magnum photo archive

Michael Dell's investment tentacle, MSD Capital LP, has acquired the Magnum Photos agency's extensive print archive for an undisclosed sum, Bloomberg reports. The deal secures around 185,000 images representing the work of 103 photographers between the 1930s to 1998. The archive will reside for five years in the Harry Ransom …
Lester Haines, 3 Feb 2010
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Dell falls hard on 'soft' sales

Dell shares fell 8.3 per cent in early Wall Street trading today after the firm warned investors that it would see a “further softening” in computer sales this quarter. The vendor said in a short – though not sweet – statement that following on from its sobering Q2 fiscal results last month that Dell “is seeing further …
Kelly Fiveash, 16 Sep 2008

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