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Dell to continue drive to enterprise with buy-out
2013-02-06 13:43:20| InfoWorld: Top News
Free from the bright lights of Wall Street, Dell's decision to go private is likely to lead to the company downplaying if not entirely eliminating consumer products in favor of building out its enterprise product portfolio, analysts said. Dell on Tuesday announced a buy-out agreement in which Michael Dell and equity investor Silver Lake will acquire the PC maker for $24.4 billion. The transaction includes a $2 billion loan from Microsoft and debt financing commitments from Bank of America, Merrill Lynch, Barclays, Credit Suisse and RBC Capital Markets.
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Category:Information Technology
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