About the Post

Author Information

Najmtek is a technology start-up, created in 2014, client company of the Houston Technology Center. By commercializing the virtualization of technical hardware and external devices into software applications, Najmtek designs the future of mobile computing while being responsible custodians of the planet. Najmtek has created a powerfully dynamic hardware and software tool, named the UBook, a universal notebook, which delivers a more advanced set of functionalities. Ubook is the premier innovative hybrid IT device of 2016, Top 50 in technology 2016: the first multi-touch, multi-language, multi-accessory and multi-function laptop. Ubook is all-in-one, intuitive and fully customizable. Ubook perfectly fits all your communication and device input needs, regardless of language, and it even supports the special requirements of the disabled user. Ubook is a single machine infinitely transformable with a single touch, streamlining the way we live and work. Najmtek changes the way users interact with their technology as they participate in and contribute to the world. The only limitation is the user’s imagination.

DELL is going private after a $24 Billion buyout

After three weeks of speculation and years of declines, Dell Inc. is going private.

On Tuesday the company announced it had agreed to a buyout led by CEO Michael Dell, who started the company in 1984 in his UT-Austin dorm room, in partnership with the private-equity firm Silver Lake Partners, including a $2 billion chip-in from Microsoft, which counts Dell as one of its most important partners.

By going private, the company won’t have to deal with quarter-to-quarter scrutiny from shareholders as it attempts to turn things around. According to Dell’s press release, the company has been investigating this process since August of 2012, when Michael Dell approached the company’s board of directors with to discuss his interest in taking the company private. From there, a “special committee” was formed to lead Dell through the transition.

dell buyout

Michael Dell said in the announcement that by taking the company private he can give it the “time, investment and patience” to work out its next steps. He will remain the company’s chief executive.

Michael Dell said the following in an official statement regarding the transaction:
I believe this transaction will open an exciting new chapter for Dell, our customers and team members. We can deliver immediate value to stockholders, while we continue the execution of our long-term strategy and focus on delivering best-in-class solutions to our customers as a private enterprise. Dell has made solid progress executing this strategy over the past four years, but we recognize that it will still take more time, investment and patience, and I believe our efforts will be better supported by partnering with Silver Lake in our shared vision. I am committed to this journey and I have put a substantial amount of my own capital at risk together with Silver Lake, a world-class investor with an outstanding reputation. We are committed to delivering an unmatched customer experience and excited to pursue the path ahead.

Under the terms of the agreement, Dell stockholders will be paid $13.65 per share. That’s 25 percent more than the stock’s price of $10.88 before word of the buyout talks trickled out three weeks ago. But it’s a steep markdown from the shares’ price of $24 six years ago when Michael Dell returned for a second go-round as CEO.

The company can solicit other proposals for 45 days.

Image source:


Tags: , , , , , , , , ,

6 Comments on “DELL is going private after a $24 Billion buyout”

  1. Flear Hannah February 20, 2013 at 9:37 pm #

    Hello, for all time i used to check website posts here early in
    the daylight, since i like to gain knowledge of more and more.

  2. Jacques Dolant February 26, 2013 at 4:01 am #

    Thanks for some other informative web site. Where else may I am getting that type of information written in such a perfect way?
    I have a mission that I’m just now working on, and I’ve been at the glance out for such information.

  3. Blanche TRACEY February 27, 2013 at 6:49 am #

    I was suggested this website via my cousin. I’m now not sure whether this publish is written by him as no one else recognize such specified about my difficulty. You are wonderful! Thank you!

  4. aLISSA pham March 3, 2013 at 11:07 am #

    This is my first time go to see at here and i am really impressed to read everthing at one place.

  5. Believe DEZUUAU March 5, 2013 at 5:03 am #

    An impressive share, I just given this onto a colleague who was doing a little analysis on this. And he in fact bought me breakfast because I found it for him.. smile. So let me reword that: Thnx for the treat! But yeah Thnkx for spending the time to discuss this, I feel strongly about it and love reading more on this topic. If possible, as you become expertise, would you mind updating your blog with more details? It is highly helpful for me. Big thumb up for this blog post!

  6. Tom Gallardo March 8, 2013 at 4:35 pm #

    Pretty nice post. I just stumbled upon your weblog and wanted to
    say that I have really enjoyed surfing around your blog posts.
    In any case I will be subscribing to your rss feed and I hope you write again very soon!

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

%d bloggers like this: