Dell nears sale of IT services unit to Japan''s NTT Data

Dell Inc is set to announce an agreement on Monday to sell its non-core information technology consulting division to Japan`s NTT Data Corp for $3.5 billion, people familiar with the matter said on Sunday.

Dell Inc to acquire EMC Corporation for $67 billion

Dell Inc to acquire EMC Corporation for $67 billion

In one of the mega acquisitions in the global IT space, PC maker Dell Inc will acquire EMC Corporation for about USD 67 billion to create the "world's largest privately-controlled, integrated technology company".

Michael Dell sees consolidation among PC makers in next few years

The top three global PC makers would be able to raise market share in the next few years through consolidation amid shrinking sales of personal computers, Dell Inc Chief Executive Michael Dell said on Monday.

Microsoft, Dell seal Android, Chrome royalty pact

Microsoft Corp and Dell Inc have sealed a patent licensing deal under which Dell will pay the software giant royalties on sales of devices powered by Google Inc`s Android or Chrome software.

Lenovo resumes talks to buy IBM unit - source

China`s Lenovo Group Ltd has resumed discussions to buy International Business Machines Corp`s low-end server unit, a source familiar with the matter stated.

Icahn caves on Dell again, will not seek share rights

Activist investor Carl Icahn, who ended his months-long campaign against Michael Dell's planned buyout of Dell Inc(DELL.O) last month, on Friday signaled his final retreat from the struggling personal computer maker.

Michael Dell's new $24.8 bn bid to take firm private gets nod

Computer maker Dell today said it has entered into a revised merger agreement with a group led by its founder Michael Dell that sweetens the buy-out value of the company by at least USD 470 million to USD 24.8 billion.

Michael Dell hikes offer to shareholders to protect deal

Dell Inc founder Michael Dell and private equity major Silver Lake Partners Wednesday raised their share buyback offer by 10 cents to USD 13.75 apiece to take the company private.

Michael Dell says buyback 'bit of rebirth, exciting'

Terming buyback of Dell, the world's third largest PC maker, as a a bit of rebirth for it and exciting, founder and CEO Michael Dell believes the proposed move is in the long-term interest of the company.

Dell reports 79% slide in profit on shrinking PC sales

Dell Inc has reported a 79 percent slide in profit as personal computer sales continued to shrink.

CCI clears proposal for buyout of Dell

Fair trade regulator CCI has approved a proposed buyout of US-based global computing giant Dell Inc by its founder and chief Michael Dell, saying the deal will not impact competitive landscape in Indian market.

Dell profit plummets 31% ahead of $24 billion buyout

The founder and CEO did not join in management discussion of the results in a conference call with analysts.

Dell’s $24.4 billion buyout plan faces strong opposition

Harris Associates LP, Yacktman Asset Management and Pzena Investment Management LLC are objecting to the buyout.

Silver Lake close to $15 bn financing for Dell buyout

Private equity group Silver Lake Partners who is the frontrunner for buyout of Dell Inc is close to arranging about USD 15 billion in financing for the deal.

Dell in talks to go private: Report

Dell Inc shares surged late Monday on reports that the computer maker is in talks to go private.

Dell Q1 net profit down nearly 33% at $635 million

Leading computer maker Dell on Wednesday said its net profit declined by nearly 33 percent to USD 635 million in the first quarter of 2012-13 ended April, 2012, impacted by flat performance in the Asia Pacific and Japan (APJ) region, including India.

Dell plots late-2012 consumer tablet launch

Dell Inc intends to launch its first consumer tablet computer in late 2012, marking its entry into a hotly contested and increasingly crowded arena that has already claimed arch-foe Hewlett Packard

Dell third-quarter profit rises 9%, but revenue remains flat

Dell Inc.'s third-quarter net income rose 9 percent, although revenue remained flat from last year as the computer maker continued pruning less profitable parts of its business.

Lenovo aims to beat Dell in PCs by year end

China's Lenovo Group Ltd expects to surpass Dell to become the second largest seller of personal computers in the world by the end of the year, company Chairman Liu Chuanzhi said on Friday.

Dell to partner Baidu to develop tablets, mobile

Dell Inc said on Tuesday it will partner China's top search engine Baidu Inc to develop tablet computers and mobile handsets.