Dell considers to go public again

Posted on Friday, January 26 2018 @ 17:25 CET by Thomas De Maesschalck
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Dell is reportedly looking at another major shakeup. Company founder Michael Dell and private equity firm Silver Lake took the PC maker off the stock market in 2013 but now the firm may be reconsidering a stock market listing. Reuters writes Dell's board of directors will meet later this month to review a list of options.

A massive $67 billion was invested to take over data storage provider EMC in 2016, but that acquisition didn't provide the expected cost savings nor the projected profitability boost. Going public would allow Silver Lake to gradually sell its stake in Dell, but nothing has been decided yet. Pretty much everything is on the table, including the sale or an IPO of one of its divisions. Dell is also reviewing a list of several possible acquisition targets that could boost its cash flow and expand its product line.
Dell’s review is at its very early stages and no deal is certain, according to the sources, who requested anonymity to discuss the deliberations. The company did not respond to a request for comment outside of regular U.S. business hours. The news of Dell’s review was first reported by Bloomberg.

Dell is also considering a sale or initial public offering (IPO) of its one of its fast-growing divisions, Pivotal Software Inc, the sources said. It may also consider a transaction with its majority-owned VMware Inc, a virtualization software maker. VMware shares, which have gained more than 62 percent in the past 12 months, touched an all-time high on Thursday.


About the Author

Thomas De Maesschalck

Thomas has been messing with computer since early childhood and firmly believes the Internet is the best thing since sliced bread. Enjoys playing with new tech, is fascinated by science, and passionate about financial markets. When not behind a computer, he can be found with running shoes on or lifting heavy weights in the weight room.



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