With the PC industry struggling, Dell is betting big on the cloud with its purchase of EMC -- but is it too late?
PC maker Dell will buy data storage company EMC in the largest deal ever in the technology industry.
Dell is expected to announce Monday that it has agreed on a deal to purchase data storage company EMC in one of the biggest tech mergers ever.
While the bulk of its offer will be in cash, Dell also plans to pay EMC shareholders with "tracking stock" that follows the value of the 20 percent of VMware that EMC does not own, sources said on Friday.
The move follows similar ones by other U.S. tech companies, who have made large investments in China, and partnered with Chinese firms to help navigate the local market.
The world's largest music publishing services company will use the money to expand into markets where artists are having trouble recouping digital streaming royalties.
Sweden gave us Spotify and Soundcloud, but Kobalt could be the most transformative.
No longer under scrutiny from Wall Street analysts, privately held Dell can take risks on new markets.
Barry Diller's IAC, which owns a majority stake in the dating app Tinder, will oust founder Sean Rad as Tinder's CEO.
A Delaware court refused to fast-track Carl Icahn’s lawsuit against Dell Inc. for accepting Michael Dell’s buyout offer.
Icahn, who owns about 9 percent of Dell shares, has said that Michael Dell's buyout bid undervalues the company.
Michael Dell attached a special shareholder voting provision to his offer, due to expire on Wednesday evening.
Some shareholders are unconvinced by the $13.65-per-share bid. Would $14 per share be enough?
The proxy advisory firm is reportedly in support of a deal offering $13.56 a share for Dell, valuing the computer-maker at $24.4B.
According to a Blackstone letter, a large drop in Dell's PC shipments and its financial profile prompted the withdrawal.
Array Biopharma, Dell, ARM, Sprint Nextel, Barclays, Freeport-McMoRan, prevailed in the pre-market trading Monday.
Bids from rival groups could make a deal for Dell all the sweeter for current shareholders in the coming week.
The New York-based private equity firm may be mulling whether to make an offer for the Texas-based PC maker.
The pair signed a confidentialty agreement - days after the activist-investor said he would push to replace the pc maker’s board.
When Dell reports fourth-quarter results Tuesday, millions of customers might understand why Michael Dell wants a $24.4 billion buyout.
Michael S. Dell built Dell Inc. into the No. 3 PC maker by selling below competitors.
The proposed $24.4 billion management buyout of Dell encountered another obstacle as its No. 2 outside shareholder said the deal's undervalued.