Articles about Perot

sale

Confirmed: Dell software sell-off

Dell has confirmed rumors that it is selling off its software division to private equity firms Francisco Partners and Elliott Management. "Francisco Partners and Elliott Management's deep passion for technology and proven track records in nurturing and building software businesses will enable Dell Software's loyal base of …
Iain Thomson, 20 Jun 2016
Raining money

Dell close to selling software division for $2bn – reports

Dell is close to agreeing the sale of its software division for more than $2bn as it digs behind the settee cushions to fund its mega-acquisition of EMC. A consortium including Francisco Partners and Elliot Management are “in advanced talks” to acquire the division, Reuters reported today, citing “three people familiar with …
HP CEO Meg Whitman

Whitman deletes another chapter in HP history as CSC and ES borg

Hewlett Packard Enterprise CEO Meg Whitman is dismantling another legacy bequeathed to her by a predecessor as she waves goodbye to Enterprise Services. The first lady of Palo Alto has already closed the chapter opened by one-time CEO Carly Fiorina who had signed off the buy of Compaq, only for HP's PC business to be ejected …
Paul Kunert, 26 May 2016

SecureWorks' sorry IPO falls $48m short of aim

In the first initial public offering of the year in the technology sector, Dell's infosec subsidiary SecureWorks has raised much less than expected. Despite plans to raise $160m with the IPO, Dell has pocketed only $112m after selling eight million shares at $14, merely 70 per cent of its aim. The squib of an IPO is …
Suitcase full of money

Dell infosec unit SecureWorks given $1.42bn price tag in IPO

Dell's cyber security subsidiary SecureWorks has been valued at up to $1.42bn ahead of an initial public offering. SecureWorks filed to go public in December 2015. The S-1 form placed with the United States Securities and Exchange Commission (SEC) at the time offered a $100m placeholder figure before the valuation, though this …
Michael Dell, photo: Dell

$3bn for an IT services outfit? Bloody Dell!

NTT Data says it will be acquiring the IT services branch of Dell in a reported $3bn deal. The Japanese IT services giant said it would be taking on Dell Services as part of a push to expand its reach globally as a provider. In particular, NTT Data says that the deal will boost its presence in North America and extend its …
Shaun Nichols, 28 Mar 2016
Michael Dell, photo: Dell

Private Dell mostly makes PCs – and its sales of those are down

Dell isn’t exactly in rude financial health as it marches ever closer to the $60bn+ acquisition of EMC – at least, judging by P&L accounts the privately-held Texan tech firm filed with the US SEC. The mammoth Form s-4 is supposed to paint a painfully honest picture of the businesses current position and the potential risks of …
Paul Kunert, 15 Mar 2016
Michael Dell, photo: Dell

Dell 'struggling to raise funds for EMC gobble'

Dell's US$67bn mega-merger with EMC could be in trouble, with bankers reportedly having trouble raising the funds to foot the acquisition. The takeover, which was announced in October, looked like plain sailing, but the falling stock market, and in particular the crash in tech stock prices, appears to have had a knock-on …
Iain Thomson, 12 Feb 2016
Sprint

Pivot3 pivots, buys NexGen

Analysis In a major pivot, all-flash and hybrid array startup NexGen is merging with hyper-converged infrastructure appliance software startup Pivot3 in a cash-free stock merger. When startups merge that’s generally a sign that the original mission is failing and/or the backing VCS are getting nervous. What makes this more surprising …
Chris Mellor, 28 Jan 2016
European commission photo via Shutterstock

Clock's ticking: Euro Commission considers Dell-EMC megacorp

EMC/Dell deal Competition authorities at the European Commission will either rubber-stamp Dell’s proposed $67bn slurp of EMC by the end of next month or launch a full-blown probe. The largest buy in tech history is expected to close between May and October, according to the companies - but this is assuming anti-trust regulators approve it …
Paul Kunert, 26 Jan 2016

Rumor mill in overdrive as Dell pumps up Perot price, Atos offers $4.3bn

The sale of Dell's hospital IT consulting arm, Perot Systems, has hit a frenzy of speculation, with Atos reportedly leading the pack of companies with a $4.3bn offer. Dell let companies know it wanted to auction off Perot late last year and put out a $5bn price tag. Since then a series of media leaks have pitched companies …
Kieren McCarthy, 05 Jan 2016
Wall St bull image via Shutterstock

Dell SecureWorks files for IPO

Dell security subsidiary SecureWorks is trying to raise funds for working capital and acquisitions, according to a filing with the SEC. The S1 Form lodged last night indicates the division expects to sell up to $100m in stock but this is a placeholder figure that could change before the flotation. Under the terms of the plan …
Paul Kunert, 18 Dec 2015
Shounting man in suit image via Shutterstock

Speaking in Tech: That’s going to look really bad on LinkedIn!

Podcast speaking_in_tech Greg Knieriemen podcast enterprise Want to hear a funny wrap-up of everything important that happened in the tech world this week? Enterprise and consumer kit gurus Greg Knieriemen, Ed Saipetch and Sarah Vela are here to discuss the SolidFire-NetApp rumours, Virtustream, VMware, whether “Personal conduct” …
Team Register, 17 Dec 2015
Michael Dell, photo: Dell

Dell to offload Perot Systems for $5bn: report

For sale, Perot Systems, just two careful owners - a bargain at $5bn. All reasonable offers accepted. Dell nearly sold its IT services business Perot Systems to Tata Consultancy Services but talks collapsed over the price. The company quietly put Perot on the block for more than $5bn three months ago and has hawked the firm to …
Drew Cullen, 14 Dec 2015
Green light

EMC: No rival offers, so we're flying solo with Dell

Dell’s proposed $67bn acquisition of EMC edged ever closer this weekend after the storage titan confirmed the end of the so-called "go shop" period that allowed rivals bidders to enter the fray. The biggest deal in tech history was first announced in October when privately-owned Dell stated it will pay EMC shareholders $33.15 …
Paul Kunert, 14 Dec 2015
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What the bleedin' Dell is this? IT giant mulls unit selloffs – report

Reuters reports Dell is thinking of selling off non-core assets to clear the decks before the EMC acquisition and raise $10bn. Four candidate businesses are mentioned: Quest Software IT management with its systems management, security and business intelligence functions SonicWall email encryption and security Rapid …
Chris Mellor, 03 Nov 2015
Keck Telescopes on Mauna Kea, Hawaii, observing the galactic centre

Dell: Good servers and PCs, but for storage ... oh dear

Comment Dell is a great IT company, but it is clear that they have to revise their storage strategy if they want to maintain some relevance in the IT infrastructure space. (and I’m talking about storage because I primarily cover this market … I’m sure that it wouldn’t be difficult to find similar weaknesses in fields like networking. …
Ericsson phone in Tomorrow Never Dies

Silent Circle raises $30m to make more anti-snoop smartphones

Silent Circle, the privacy mobile firm that touts anti-snooping hardware and software, has raised $30m in new capital and added a few new faces to its board. The firm claimed it needs the cash pile to meet “overwhelming demand” for its Blackphone, the smartphone that’s marketed as an anti-eavesdropping device. The mobile was …

How Google's Android Silver could become 'Wintel for phones'

Analysis In the 1990s, Intel and Microsoft dominated the "open" PC standard – and it appears that Google now wants to do the same for its Android system, via its Silver programme. Silver has yet to be announced, but industry sources have confirmed the details to us. While the comparison between Google today and Wintel then isn’t …
Andrew Orlowski, 07 May 2014
Artist's impression of the Lythronax argestes

Behold, the TITCHY T-REX that prowled the warm Arctic of long ago

Paleontologists have discovered the head of a new pigmy breed of Tyrannosaurus rex that roamed the Arctic more than 70 million years ago. The remains of Nanuqsaurus hoglundi, or polar bear lizard, were dug up in 2006, but it is only now that a team from the Perot Museum of Nature and Science in Texas has managed to identify it …
Iain Thomson, 13 Mar 2014
Suitcase bulging with cash

Pivot3 puts former Perot exec in CEO hotseat

Ron Nash is the new CEO at Pivot3, a 10-year-old converged storage startup that has not been setting the world on fire. The company, founded in 2003 by Lee Caswell and Bob Galloway, aimed to build storage systems with server virtualisation embedded within, which it markets as "serverless computing". Today it has more than 600 …
Chris Mellor, 08 Nov 2013
Dell logo in crosshairs

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, …
Dell logo in crosshairs

Icahn and Blackstone to take separate runs at Dell

Those who wonder just how much Michael Dell wants to take control of the struggling IT giant that bears his name don't have long to wait. Private equity firm Blackstone Group and activist investor Carl Icahn are both reported to have tossed in bids to take control of Dell, the company, before the "go-shop" period of the …
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Dell chief biz gobbler Johnson flees for hedge-fund Blackstone

'Tis the season for executive management changes. David Johnson, the mergers and acquisition chief that Michael Dell lured away from IBM, is leaving Round Rock to return to the Empire State. Johnson was responsible for architecting Dell's expansion into services, storage, and software after leaving Big Blue. A Dell …
Dell chairman and CEO, Michael Dell

Dell wants to be more than your box provider

Dell World 2012 If you are sitting around bored at work and you happen to keep a bottle of whisky in your desk, I have a new drinking game for you. In fact, you better switch to beer. The game is simple: log into the keynotes at Dell World 2012, which is being hosted by Dell this week in Austin, Texas, and every time one of the top brass says " …
DVD it in many colours

HP posts $8.9bn loss on slow sales, charges in Q3

As expected, Hewlett Packard's earnings slumped in the three months ending in July, causing the PC maker to post a third-quarter loss of $8.9bn, or $4.49 per share, which was in line with the high end of analyst estimates. Much of that loss can be attributed to an $8bn write down of its Enterprise Services division, which is …
Neil McAllister, 22 Aug 2012
michael_dell

Dell to focus on enterprises and cut $2bn in costs

If you have Dell stock in your portfolio this week, your 401(k) is probably a little bit happier and healthier. The computer maker is to pony up some cash dividends, funded in part through aggressive cost cutting and a continuing expansion into enterprise IT and away from over-reliance on consumers. Dell hosted its Wall Street …
The Register breaking news

Google founders, James Cameron, go asteroid mining

A powerful cabal of tech, media and aeronautics uber executives are set to reveal how their freshly launched company Planetary Resources, will scope for natural resources outside of planet earth. The new entity, backed by Google co-founder Larry Page, Google chairman Eric Schmidt, Google board member K.Ram Shriram, filmmaker and …

Dell: Not looking for lock-in, just lovin'

Dell doesn't want to be IBM, like HP sometimes seems to, but it wants to be enough like those two that it can kick their asses in the data center and still be best buddies with systems software makers such as Microsoft, Red Hat, and Oracle. That, in short, was the message from the top brass at Dell's PowerEdge 12G systems launch …
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Dell misses profit goals in fiscal Q4

Despite growing sales in all six of its product categories and all four of its business units, and despite having an extra business week in the quarter, hardware supplier and software wannabe Dell was not able to pull the profits it expected down to the bottom line in its fourth quarter of fiscal 2012, which ended on February 3 …

The life and times of Steven Paul Jobs, Part One

When sober, F. Scott Fitzgerald may have been devastatingly intelligent, but he got it dead wrong when he wrote "there are no second acts in American lives". Think Elvis, for example. Or lefty sinkerballer Tommy John of the eponymous surgery. Or, for that matter, Grover Cleveland, whose two acts as US president were separated …
Rik Myslewski, 06 Oct 2011
hands waving dollar bills in the air

Dell building its own Exadata killer

OpenWorld Way back when, before Oracle bought Sun Microsystems, and even before Hewlett-Packard became hardware buddies with Big Red with the original Exadata Database Machine, Dell was Oracle's chosen buddy for running parallel Oracle databases using Real Application Cluster on top of Linux. But now Oracle is in the hardware business, …
The Register breaking news

Dell floats cloud built on ... VMware

VMworld After hemming and hawing for months, server maker and services player Dell will soon launch its first infrastructure cloud. Appropriately, enough, it's called the Dell Cloud. At the VMworld virtualization and cloud extravaganza in Las Vegas today, Dell said that it was fluffing up the Dell Cloud using VMware's brand-spanking- …

Dell retools for the midmarket

Consumers and governments in the United States and Europe are crimping their spending, but businesses of all sizes are still refreshing their servers, storage, and PCs. As a result, Dell was able to come close to meeting Wall Street's revenue expectations in its second quarter. The company even brought more money to the bottom …
globalisation

Dell buys Force 10 Networks

Dell is buying Ethernet networking supplier Force 10 Networks for an unrevealed sum, getting the networking capability needed to build a complete in-house converged IT stack of servers, storage and networking. Force 10 Networks is a privately owned supplier with nearly $200m in annual revenues and operating on some 60 countries …
Chris Mellor, 20 Jul 2011
Joe Tucci and Pat Gelsinger

EMC boss: There can be only one

The EMC succession is out in the open now, with Tucci talking to the Wall Street business media and financial analysts opining about the merits of Pat "Product" Gelsinger or David "Greenback" Goulden. The timescale is that Joe Tucci withdraws from the CEO-ship and goes on to become executive chairman or chairman of the board …
Chris Mellor, 11 Jul 2011
graph up

Middle man: Dell expands on growth plans

Michael Dell is not been spending the same amount of time contemplating his navel as he did a few years back, immediately before the tech company that bears his name hit a rough patch and he returned to straighten things out. Dell and his top brass do, though, spend a lot of time thinking about the belly of the IT market – …
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Why Cisco should merge with Dell

Comment Cisco Systems has unleashed a world of hurt on its shareholders, masquerading as a consumer company that sells Flip phones, Umi telepresence, and Linksys routers. There's nothing wrong with selling gadgets to consumers. Apple does it brilliantly, and profitably. But Cisco isn't Apple. In a sense, Apple might be a place where …
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Dell carves profit from slim revenue growth

Dell didn't dive as much as HP. Dell had lower sales than expected during the its first quarter of fiscal 2011, but it boasted a big profit boost, raising its expectations for revenues and earnings for the full year. HP, by contrast, is tightening its belt, while shaving $1bn to $1.5bn off of its revenue projections for the year …
The Register breaking news

Dell erects data centers in '10 countries'

Dell is building data centers in as many as ten countries across the globe, including a facility in Australia. Speaking The Australian, Michael Dell said the company would provide further details in the coming months. This data center expansion, he said, is part of an effort to build so-called "private clouds" on behalf of Dell …
Cade Metz, 21 Mar 2011
The Register breaking news

Dell: 'Yes, we will offer multiple Amazonian public clouds'

Dell director of storage strategy Carter George has confirmed that the company will offer at least two "public clouds" – one based on Microsoft's Azure platform and another based on, well, something else. Speaking with The Register on Friday, George declined to provide specifics on the second service, saying he did not want to " …
Cade Metz, 18 Mar 2011

Dell to buy AMD?

With Intel and Advanced Micro Devices both cranking the clocks on their respective Xeon and Opteron server processors this week and Dell admitting that it's on the prowl for acquisitions, tongues have started to wag about the possibility of PC and server maker Dell snapping up AMD. Barron's, the supposedly more thoughtful part …
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Dell busts through $60bn barrier

PC and server maker Dell has reached its long-time goal of breaking through the $60bn revenue barrier. Now what is it going to do? In the fourth quarter of fiscal 2011, ended January 28, Dell's revenues hit $15.7bn, rising 5 per cent year-on-year. Product sales rose by 5 per cent to $12.75bn, and services revenues were up 5 …
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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

Dell morphs into Amazonian 'public cloud' biz?

Dell will offer a public "infrastructure cloud" along the lines of Amazon's EC2 as well as a public "platform cloud" à la Microsoft Windows Azure, according to a tweet from inside Michael Dell's IT empire. It would seem that the venerable PC and server outfit is morphing into an internet service provider. In July, Dell told the …
Cade Metz, 18 Jan 2011
For Sale sign detail

Perot Systems top dog exits Dell

Peter Altabef – the former president and chief executive officer of Perot Systems and the person who has been running the combine Dell Services unit in the wake of the $3.9bn acquisition of Perot by Dell in September 2009 – has left the company. Now that the integration of Perot Systems is complete and Dell has a services …
cloud

Dell to double enterprise sales by 2014

Dell is getting tired of just being a box wrapper or manufacturer of other people's enterprise wares. And it is telling Wall Street and its IT customers and rivals that it has a plan to double its enterprise sales to $30bn in the next four years. In a press conference in Hong Kong last Thursday, Steve Schukenbrock, president …
For Sale sign detail

IBM punts first z196 mainframes

Big Blue said today that it has shipped its first System zEnterprise 196 mainframe, and it is a whopper. In fact, IBM shipped two zEnterprise 196 boxes to Swiss Re, the Zurich-based re-insurer that is one of the few mainframe users in existence that predates IBM itself - Swiss Re is 147 years old, and IBM turns 100 next year …
The Register breaking news

What does the Hurd mentality bring to Oracle?

Comment It's going to be a long time before Oracle can take on the likes of HP and IBM for the IT-market crown. But before he retires, you can bet Larry Ellison's last billion bucks that he most surely wants to become the dominant systems supplier in the data center. This goal is not as unattainable as it might seem, especially now …
channel

Big biz loved Dell servers and storage in Q2

Large corporations are not buying servers, storage and PCs like it is 1999, and neither are their SMB counterparts, but if Dell's numbers for the second quarter of fiscal 2011 are any indication, they are acting a bit like it is early 2008 before the bottom dropped out of the global economy. As El Reg reported yesterday, Dell …