Dell officially turns into a private company again Wednesday

Dell, the world's third largest PC vendor, will officially return to being a privately run company on Wednesday. Dell has announced that today is the last day that its shares will be traded publicly on the NASDAQ stock market.

Today's press release notes the end of the process for the company's founder and CEO Michael Dell in his quest to return Dell to private hands. It started earlier this year when he announced a partnership with Silver Lake to offer shareholders $13.05 a share for their stock. The deal was worth $24 billion and included a $2 billion investment from Microsoft.

However, over the summer, Michael Dell had to deal with a competing offer from well known billionaire Carl Icahn. In the end, Michael Dell had to give Dell stockholders $13.75 a share, plus a special cash dividend of $0.13 per share, to get his way.

The big question: Now that Microsoft has some money directly invested in a PC maker, will the company try to help Dell in the development of future hardware products? So far, there's been no indication that Microsoft has had any major influence on Dell's business decisions. Indeed, the company recently announced new Android tablets alongside Windows 8.1 products.

Source: Dell | Image via Dell

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14 Comments

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I wonder now, what if MS made a deal with dell to make a Surface branded laptop? MS does the design and Dell puts it all together using their production abilities? It'd be a spin on the Google Nexus idea. A true 15" Surface (dell made) Ultrabook?

I think Dell should go into a major rebranding and restructuring like Microsoft. Then Dell should start designing and churning out desirable, high end stylish products. The products it makes now are good but they can be much better. Dell has a lot of potential to rise to the top again of it ever decided to renew and refresh itself.

Direct investment would getting a share from the new private company. They simply loaned 2 billion dollar, which is to be paid back later.

I hope so, Dell's products have not had a good reputation in quality. Some of Dell's products from my experience were fairly good in quality and reliability, but some were very awful. Dell needs a major overhaul in about everything.

Lone Wanderer Chicken said,
I hope so, Dell's products have not had a good reputation in quality. Some of Dell's products from my experience were fairly good in quality and reliability, but some were very awful. Dell needs a major overhaul in about everything.

Are you talking about their consumer or commercial products? We've never had issues with Dell servers or storage systems.

Keep in mind the company has to do business as usual till the deal is done. Just like nokia is still releasing products even though Microsoft is all set to buy them.

This is different than the Nokia deal...Microsoft gave Dell $2 billion to help them go private...Microsoft is paying Nokia to take over their Devices and Services division.

Open Source OS will suffer as surely after a 2 billion investment from MS, Ubuntu or redhat guys will find is so difficult to offer their OS with Dell products !!!

Not good from user point a view as one less option to chose from.

Lenovo and HP may worry too as Dell may enjoy better OEM benefit now with Microsoft investment being a part of core company !!