Subscribe free to our newsletters via your
. Military Space News .




INTERNET SPACE
Michael Dell to be 'aggressive' if buyout succeeds
by Staff Writers
Washington (AFP) April 2, 2013


Personal computer industry pioneer Michael Dell would "invest for growth" and compete aggressively in new markets if his plan to take the company he founded private succeeds, according to a new memo.

The company founder, in a message to Dell employees available Tuesday in a document filed with the Securities and Exchange Commission, said he has plans that "will position Dell for long-term success."

The document was released as a special committee set up by Texas-based Dell evaluates two competing proposals to the one led by Michael Dell to take the firm private in a $24.4 billion deal.

Under his plan, Dell would hire more sales personnel and "invest for growth in the PC and tablet business... to enhance our ability to compete," the memo said.

"While Dell's strategy in the PC business has been to maximize gross margins, following the transaction, we expect to focus instead on maximizing revenue and cash flow growth with the goal of improving long-term sales and competitive positioning."

Additionally, a new Dell would "compete aggressively in emerging countries," according to the memo, with investments planned in the BRIC countries -- Brazil, Russia, India and China.

"In addition, we expect to expand aggressively in other parts of Asia, Latin and South America, Central and Eastern Europe, the Middle East and Africa," he said in the document.

Dell also said he plans more efforts in "end-to-end information technology solutions" including software, cloud computing, consulting and managed security services.

"We see a lot of new work that needs to be done, but also an extraordinary long-term opportunity if we get it right," he said.

"I am more energized for the future of Dell than ever. Together, we have built an amazing company and our best days are still ahead."

Last week, the special committee renewed its backing for the buyout but said it would continue talks on alternate bids.

The panel, which now faces an apparent bidding war, said the offers from billionaire corporate raider Carl Icahn and investment fund Blackstone Group had not yet been finalized, so it was not clear if they were better for shareholders.

.


Related Links
Satellite-based Internet technologies






Comment on this article via your Facebook, Yahoo, AOL, Hotmail login.

Share this article via these popular social media networks
del.icio.usdel.icio.us DiggDigg RedditReddit GoogleGoogle








INTERNET SPACE
Android gains US share at Apple expense: survey
Washington (AFP) April 2, 2013
Smartphones using the Android platform boosted their US market share in recent months, extending their lead over Apple's iPhone, a new survey shows. Android, the free mobile operating system from Google, accounted for 51.2 percent of US smartphone sales in the three-month period ending in February, said the survey from Kantar Worldpanel ComTech. Android added 5.9 percentage points from a ... read more


INTERNET SPACE
Raytheon's Patriot missiles receive US Army service life extension

SBIRS GEO-2 launches, improves space-based capabilities

Israel: Too few Iron Domes, cities exposed

Northrop Grumman AN/TPS-80 G/ATOR Radar System Demonstrates Ballistic Missile Defense Capability

INTERNET SPACE
Taiwan to aim 50 medium-range missiles at China: report

India's Nirbhay missile aborted in flight

Taiwan develops medium-range missile: report

US Newest Missile Warning Satellite Encapsulated in Launch Vehicle Payload Fairing

INTERNET SPACE
US Congress hears calls for drone safeguards

'Journalism drones' on the horizon

N. Korean leader watches 'drone' attack drill: KCNA

Friend or foe? Civilian drones stir debate

INTERNET SPACE
Soldiers and Families Can Suffer Negative Effects from Modern Communication Technologies

DARPA Seeks More Robust Military Wireless Networks

DoD Selects Northrop Grumman for Joint Command and Control System

Northrop Grumman Highlights Affordable Milspace Communications

INTERNET SPACE
Nanofoams could create better body armor

NGC Offers New High-Resolution Sensors for Hawk Air Defense System

Seven killed in Marine Corps training accident

UN staring down a barrel over arms treaty

INTERNET SPACE
EADS board approves huge share buyback

Commentary: Russia's Treasure Island

India: Tejas must be operational by 2014

Iran, N. Korea, Syria block arms trade treaty

INTERNET SPACE
Three Chinese ships enter disputed waters: Japan

Japan seeks Mongolia support in China island row

Taiwan adds new ships to patrol disputed islands

Putin orders surprise Black Sea military exercises

INTERNET SPACE
Imaging methodology reveals nano details not seen before

Glass-blowers at a nano scale

Nanoparticles show promise as inexpensive, durable and effective scintillators

Scientists develop innovative twists to DNA nanotechnology




The content herein, unless otherwise known to be public domain, are Copyright 1995-2014 - Space Media Network. AFP, UPI and IANS news wire stories are copyright Agence France-Presse, United Press International and Indo-Asia News Service. ESA Portal Reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. Advertising does not imply endorsement,agreement or approval of any opinions, statements or information provided by Space Media Network on any Web page published or hosted by Space Media Network. Privacy Statement