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News

Dell sold to Microsoft, Silver Lake for $24 billion


Posted By: Dennis - Source: Web
Published: Thursday, February 07, 2013

The big thing in the news these past couple weeks is the sale of Dell Computers and word has come out that Microsoft is one of the new owners with a 2 billion dollar chunk of cash..  I guess we now know where all of the new Surface tablets will be coming from.

In an unexpected and exciting twist for the PC industry, Dell — pending regulatory and stockholder approval — has been sold to Microsoft, Silver Lake, and Michael Dell himself for $24.4 billion. Michael Dell remains the largest shareholder with 16%, and will continue to run the company. Microsoft’s part of the sale totals $2 billion, though big questions remain about how Microsoft will be involved in the newly-private company.

This may show my age a bit but "Dude! you're getting your company back!"

Related Web URL: http://www.extremetech.com/computing/147646-dell-s...