Michael Dell

More tech job market misery as Dell lays off 5% of worldwide workforce

Tech workers took another big hit today when Dell announced it was laying off 5% of its worldwide employees in the face of plunging PC sales and general economic uncertainty. That’s 6,650 people

As the SPAC frenzy continues, questions arise about how much the market can absorb

Another week and the biggest story in a sea of big stories continues to center on SPACs, these special purpose acquisition companies that raise capital through IPOs expressly to acquire a privately he

Unpacking how Dell’s debt load and VMware stake could come together

If we were betting folk, we’d reckon that Dell carves off a piece of its VMware shares to cover some of its debts next year.

Dell spent $67B buying EMC — more than 3 years later, was it worth the debt?

Dell’s 2015 decision to buy EMC for $67 billion remains the largest pure tech deal in history, but a transaction of such magnitude created a mountain of debt for the Texas-based company and its

How a Swedish saxophonist built Kobalt, the world’s next music unicorn

You may not have heard of Kobalt before, but you probably engage with the music it oversees every day, if not almost every hour. Combining a technology platform to better track ownership rights and ro

Dell’s long game is in hybrid and private clouds

When Dell voted to buy back the VMware tracking stock and go public again this morning, you had to be wondering what exactly the strategy was behind these moves. While it’s clearly about gaining

Gusto raises $140 million to go after small business payroll and benefits with more gusto

Gusto, which sells payroll, benefits and human resources management and monitoring services to small businesses, has raised $140 million in its latest round of funding. The company said it will use th

Pivotal CEO talks IPO and balancing life in Dell family of companies

Pivotal has kind of a strange role for a company. On one hand its part of the EMC federation companies that Dell acquired in 2016 for a cool $67 billion, but it’s also an independently operated

Why the Dell rumors might have substance

By now you’ve probably heard that the Dell board is supposed to be convening later this month to figure out how it might reorganize itself to deal with the mountain of debt it took on when it bo

Michael Dell reveals new branding scheme for the Dell-EMC conglomeration

Michael Dell today revealed the new names, and yes we are talking multiple names, for the artist formerly known as the Dell-EMC deal. EMC will be deprecated for the main branding Dell Technologies

Michael Dell, Silver Lake Get The Green Light From Regulators On $24.9B Plan To Take Dell Private

The government may now be in shutdown mode, but not before it gave the go-ahead to Dell to go private. The embattled PC company today <a target="_blank" href="http://www.businesswire.com/news/home/201

Carl Icahn and Southeastern Propose Alternative Offer To Michael Dell’s Buyout

Dell shareholders Carl Icahn and Southeastern Asset Management have teamed up to propose an alternative offer to founder Michael Dell's $24.4 billion leveraged buyout deal.

Blackstone Reportedly Withdraws Bid For Dell, Citing “Deteriorating” Business

Blackstone has reportedly withdrawn its bid for Dell, leaving the way open for founder Michael Dell and Silver Lake to buy out the company, <a target="_blank" href="http://www.reuters.com/article/2013

With Alternative Offers From Blackstone & Icahn On The Table, Dell Filing Shows It Will Push Ahead With $24.4B Silver Lake Merger

Dell <a target="_blank" href="http://www.dell.com/Learn/us/en/uscorp1/secure/2013-03-29-dell-proxy-merger-agreement?c=us&l=en&s=corp&ref=rss&delphi:gr=true">announced today</a> that it

Pressure Increases On Michael Dell As Carl Icahn Mulls Tie-Up With Blackstone In Bid For PC Company

Carl Icahn has <a target="_blank" href="http://www.reuters.com/article/2013/03/26/us-dell-offers-idUSBRE92N0L020130326?feedType=RSS&feedName=technologyNews">said</a> he is open to a partnership wi

Michael Dell May Lose Control Of PC Maker After Two Competing Buyout Bids Emerge

Dell's board is looking at two surprise takeover bids from Blackstone Group and billionaire activist investor Carl Icahn, <a target="_blank" href="http://www.reuters.com/article/2013/03/24/us-dell-off

Dell Goes Private In $24.4 Billion Leveraged Buyout Deal By Michael Dell And Partners

Dell has indeed made the decision to go private, according to reports today from The AP and other sources. The deal reportedly involves a leveraged buyout worth $24.4 billion by company founder Michae

Michael Dell Seeking Majority Control Of Dell Inc., Contributing As Much As $1 Billion Of His Own Personal Funds

Michael Dell is trying to get control of Dell, Inc. with as much as $1 billion of his own personal funds. His goal: shift the company's focus from PC sales to a more enterprise focused company that ca

Russian Nginx raises $3 million from international investors

Russian company Nginx raised $3 million from German BV Capital, Russian Runa Capital and MSD Capital, Michael Dell‘s venture fund, as reported by RBK Daily. Founded by Russian engineer Igor Syso

Dell Returns As CEO, Promises Stuff: Take Two

following the resignation of Kevin Rollins. Dell is also the current Chairman of the Board for the company. Dell started the company back in 1984 with a $1,000 and a dream of putting small, independen