30 Oct 2013

Michael Dell’s Dell Acquisition Now Complete

Dell today announced that its acquisition by Dell founder Michael Dell and investment firm Silver Lake Partners has officially completed. The transaction, which cost Dell and his partners $24.9 billion, has taken the Dell company private. Michael Dell has stated on previous occasions that the initiative should allow the company to re-focus with a longer-term strategy related to its enterprise solutions.

“Today, Dell enters an exciting new chapter as a private enterprise,” said Dell. “Our 110,000 team members worldwide are 100 percent focused on our customers and aggressively executing our long-term strategy for their benefit.”

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