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Prasad Thrikutam to join Dell Services

Last Updated: Thursday, June 05, 2014, 23:56

Former Infosys strategic sales head Prasad Thrikutam, who resigned from the company Thursday, will be joining Dell Services as President and Global Head of Application Services.

Michael Dell, eBay founder invest in Indian debt financing co

Last Updated: Wednesday, March 05, 2014, 21:20

The firm, in a statement today, said: "It has raised Rs 25 crore from Omidyar Network and Rs 3 crore from the Michael & Susan Dell Foundation."

Dell completes $24.9 billion buyout deal to go private

Last Updated: Tuesday, October 29, 2013, 23:33

"Today, Dell enters an exciting new chapter as a private enterprise," Michael Dell said in a statement.

Icahn caves on Dell again, will not seek share rights

Last Updated: Friday, October 04, 2013, 22:22

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.

Dell gets regulatory nod for $25 bn buyout deal

Last Updated: Tuesday, October 01, 2013, 21:44

US-based computer major Dell on Tuesday said it has received regulatory clearances for the buyout deal offered by founder Michael Dell and the transaction will close by the end of October.

Dell shareholders approve founder's offer to take firm private

Last Updated: Friday, September 13, 2013, 16:56

Michael Dell's efforts to take the firm private had hit a stumbling block as he faced stiff resistance from billionaire activist investor Carl Ichan and money manager Southeastern Asset Management.

Dell to invest more on PCs, tablets after $25 billion buyout win

Last Updated: Friday, September 13, 2013, 15:55

End-user computing, defined as devices such as PCs and tablets, remains an important focus for the company despite the rapid decline of the global personal computer market, the CEO told reporters briefly, without elaborating or taking questions.

Michael Dell, Silver Lake win shareholder OK for $25 bn buyout

Last Updated: Thursday, September 12, 2013, 23:16

Michael Dell clinched shareholder approval on Thursday for his $25 billion offer to buy and take Dell Inc private, ending months of conflict with the company's largest investors and removing the uncertainty surrounding the world's No. 3 PC maker.

Dell launches $5.5 billion loan to back leveraged buyout

Last Updated: Thursday, September 12, 2013, 09:22

A lender meeting was held today in New York City. Michael Dell was on the agenda to discuss the company.

Icahn bows out of battle for control of Dell

Last Updated: Monday, September 09, 2013, 23:26

Activist investor Carl Icahn said on Monday he was bowing out of an effort to block founder Michael Dell's proposed buyout of Dell Inc, determining "it would be almost impossible to win."

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

Last Updated: Monday, September 02, 2013, 09:55

Besides, the voting on a proposal to take Dell private by its founder and investment firm Silver Lake Partners has been delayed to September 12.

Dell's quarterly profit plummets amid buyout brawl

Last Updated: Friday, August 16, 2013, 09:11

Dell's fortunes remain closely tied to PC sales, which still yield about half of revenue.