Michael Dell: Chance To Prove Dell Is Not A PC Company
Michael Dell (pictured), CEO of the company that bears his name, has been very public in his desire to transform Dell from its PC-centric focus to a provider of enterprise solutions, so much so that a year ago this month he took the stage to say, "Dell is not a PC company. It is an end-to-end solutions company."
In the deal to take Dell private, Michael Dell is pledging a significant portion of the investment in return for a controlling share in the company. This includes Dell's 16 percent stake in the company, worth about $3.7 billion, plus $700 million from his investment firm, the Wall Street Journal reported.