Dell seals $24.9 billion buyout

In class we mentioned how successful Dell is, Matthew’s blog also shows how Dell reach its success.However, what is happening to Dell now?

On the October 29, Dell CEO Michael Dell and the private equity house Silver Lake complete their buyout for Dell with $24.9 billion. As smartphones and tablet computers are more popular among customers, PC sales declined in the past years. Meanwhile, Dell CEO wants to transform the company into a provider of computing services to corporations to start a new chapter for the company.

It is really a sad story because Dell once was the largest PC company worldwide. Until now, the world is experiencing a new technical impact brought by smartphones and tablet computers. Customers are always tend to buy less expensive product with better service provided. Smartphones and tablet computers are much easier to carry with people and people can use the same applications that are used on computer or even more applications develped especially for smartphones and tablet computers. Dell PC is not capable of competing with smartphones and tablet computers since it is very heavy and large to carry and costs more. As a result, it is doomed to be obsoleted.

Recourse:https://blogs.ubc.ca/matthewanderson/2013/09/29/dell-icious/

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