Blackstone Group and billionaire investor Carl Icahn have made counterproposals to acquire Dell, according to a report by the Wall Street Journal quoting sources familiar with the situation. The "go-shop" period was triggered by Dell's board approving the leverage buyout offer by Michael Dell and an investor group that includes Silver Lake Partners and Microsoft.
Michael Dell's plan to buy out the company he founded has hit a snag as other parties made rival bids late last week.
Blackstone Group is considering a counterbid to Michael Dell's $24.4 billion offer to acquire the struggling computer maker he founded, according to a report by Bloomberg.
Southeastern Asset Management, which holds an 8.4 percent stake in Dell, is getting access to Dell's books as part of a settlement to calm the investor's concerns about Michael Dell's bid to take the PC maker private, according to a report by Bloomberg.
U.S. business magnate Carl Icahn, who reportedly purchased up to a 6 percent stake in Dell, is threatening "years of litigation" if the board goes through with a plan proposed by founder Michael Dell and other investors to take the computer firm private, according to a report by CNET.
U.S. business magnate Carl Icahn has reportedly taken up to a 6 percent stake in computer maker Dell, pitting him against Michael Dell, who is trying to take the computer maker private, according to trading sources cited by CNBC.
The Dell Wireless Dock D5000 is the first WiGig docking station that enables wireless docking from a WiGig-enabled laptop.
Dell this week unveiled a business-centric "enhanced security configuration" version of the Latitude 10 tablet. Incorporating an Intel Atom processor, the 10.1-inch tablet is a Windows 8 Pro-based device that comes with additional security features such as a fingerprint reader and a smart-card reader.
Dell's new KACE K3000 mobile device management platform will not work with BlackBerry 10 smartphones, at least initially, according to a report by United Kingdom-based Computing.
No longer aiming to satisfy the quarterly earnings demands of Wall Street, Dell appears to be aiming sharply at satisfying the enterprise. Having shed one set of pressures, it will have to navigate a new set very carefully.