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January 1, 2014 03:56 am GMT
The story of Dell is business legend: How a kid starting in his dorm room, hiding computer parts in the bathroom when his parents visited, managed to build a computing giant that employs over 100,000 people. The Dell saga added a new chapter this year, when its founder and Silver Lake took it private, borrowing$2 billion of Microsoft’s foreign cash in the process. The deal that closed on October 30th valued the company at$24.9 billion. Tucked away from the public eye, and released from the quarterly trial of investor expectations, Dell may now have the flexibility to retool its troubled PC business, and invest in new areas that could sport better margins. Now that Dell has crossed the public-private Rubicon, it appears ready to recultivate its image. The firm has released a new video that compares its history to that of other well-known technology companies, like Dropbox. The clip has a clear point: Dell was started just like the other technology companies that you respect. The implication is that it retains that DNA. A large company freed from quarterly earnings reports is a company unbound from many of its prior shackles. Dell bought its freedom, and we now get to see what it will do with it. Top Image Credit: Flickr
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/QlIVwvlxXqE/
Dell Looks To Set A New Tone For Its Private Life
The story of Dell is business legend: How a kid starting in his dorm room, hiding computer parts in the bathroom when his parents visited, managed to build a computing giant that employs over 100,000 people. The Dell saga added a new chapter this year, when its founder and Silver Lake took it private, borrowing$2 billion of Microsoft’s foreign cash in the process. The deal that closed on October 30th valued the company at$24.9 billion. Tucked away from the public eye, and released from the quarterly trial of investor expectations, Dell may now have the flexibility to retool its troubled PC business, and invest in new areas that could sport better margins. Now that Dell has crossed the public-private Rubicon, it appears ready to recultivate its image. The firm has released a new video that compares its history to that of other well-known technology companies, like Dropbox. The clip has a clear point: Dell was started just like the other technology companies that you respect. The implication is that it retains that DNA. A large company freed from quarterly earnings reports is a company unbound from many of its prior shackles. Dell bought its freedom, and we now get to see what it will do with it. Top Image Credit: FlickrOriginal Link: http://feedproxy.google.com/~r/Techcrunch/~3/QlIVwvlxXqE/
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